The_Cannalyst

Anticyclical Box Trade?

Short
The_Cannalyst Updated   
FX:EURAUD   Euro / Australian Dollar
24
For risk Lovers: The Chance-Risk-Ratio at the box`s upper edge is as always very nice (but risky) :-) TP1: 1.4365 (38,2 fibo) -- TP2: 1.415 (box bottom) - SL a bit above todays high

That is not my style (because it is anticyclical) , but i want to Show that trade idea to you.
Greez Mary

PS: above the last high u should exspect a fast upmove....
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sl should be adjusted...the trend in this tf is bullish, so the likelihood to break out at the upside is higher than a trendbreak...
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Attention pls!
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yihaaaaaa.....
Trade closed: target reached:
Comment:
to Switch the Position was gooooooood
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