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CollegeofPips
Dec 2, 2020 10:15 AM

EUR/AUD | Potential Downward Movement Short

EUR/AUDOANDA

Description

💡 Trade Idea

📈 Sell Limit EUR/AUD @ 1.6336

🎯 Target Profit 1.6146

🛑 Stop Loss 1.6393

❌ Do not risk more than 1 % of your account on each trade

🙂 Good Luck !

Description: The pair is trading within a bullish channel. It reached a daily support by posting a double top. We will wait for the price re-test the neckline of this pattern and go for a sell position towards the 1.6146 level.
Comments
EileenBarton
Appreciate it..!
CollegeofPips
@EileenBarton, Thanks.
Mehdi_Moghaddami
Joe_Damien
Excellent technical analysis.
CollegeofPips
@Joe_Damien, Appreciated.
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