Simple sell setup in EURAUD
The larger trend in the pair is to the upside, looks to be in a bear flag at the moment correcting the last leg.
Support at 1.50 is a likely turning point for the pair and is set as take profit. Stop loss at spike high and above the down channel.
The larger trend in the pair is to the upside, looks to be in a bear flag at the moment correcting the last leg.
Support at 1.50 is a likely turning point for the pair and is set as take profit. Stop loss at spike high and above the down channel.
Trade closed: target reached:
Targets reached on the big Euro spike down. Wave structure looks like it could go down further, but closing trade due to thin liquidity during holidays.
