EUR/AUD: Bearish breakout of the triangle...?
I'm short from the breakout allthough others might have different trendlines and not have them broken yet...
To good of an opportunity to leave though, good R/R!
Careful, still a long way before 4H candle close, at least in my timezone...!
1st target: AB=CD
2nd target: near the outer range boundary (10th december low)
Tight SL above the breakout candle.
1.5030 is the boundary of the inside day range (we've been moving in the range of the 17th december candle for some days now...)! It could be wise to take partial profits above that level, a confirmed breakout below could take us alot further down!
To good of an opportunity to leave though, good R/R!
Careful, still a long way before 4H candle close, at least in my timezone...!
1st target: AB=CD
2nd target: near the outer range boundary (10th december low)
Tight SL above the breakout candle.
1.5030 is the boundary of the inside day range (we've been moving in the range of the 17th december candle for some days now...)! It could be wise to take partial profits above that level, a confirmed breakout below could take us alot further down!
Trade closed: stop reached:
Couple of pips lost, SL just above BE...
Reverse trade now...:
Reverse trade now...:
Comment:
New chart:
