SamKent
Short

EUR/AUD shorting zone

FX:EURAUD   Euro Fx/Australian Dollar
155 1 3
The EUR/AUD             4H chart is trading at a sell zone, with a support&resistance area coupled with 61.8% of the latest down wave. Additionally, we're looking at a stochastic cross in overbought territory, if we happen to get a bearish candle pattern around this level we'll be shorting the pair, aiming for the lows at around the 1.40150 handle, with a stop at around the 1.44505 handle.
I took this trade and cleared 150pips off it. Well done
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