hongkonginvestor

Bearish Cypher EURAUD 4H (short trade)

Short
SAXO:EURAUD   Euro / Australian Dollar
Bearish cypher on the EURAUD 4H. Price has been consolidating, which is prime for these types of patterns

Entry price: 1.48885

Stop loss: 1.50412

Take profit 1: 1.47900

Take profit 2: 1.47116

Targets will be adjusted based on extension of the D leg.

Will move to breakeven if T1 is hit.
Trade closed: stop reached
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