EURAUD Short 3R Short

Euro Fx/Australian DollarFXCM

Description

⋅ Jul 1, 2021 8:56 PM

Strong Area of Liquidity
1H Reversal Doji
Overextended From 1H Highs
15m Symmetrical Triangle Breakout Bearish
Potential for 150 PIPS following a BoS after TP3 (6R)

Looking to trade this area of liquidity and will likely be trading a break & retest of the lower area of liquidity if we see a breakout :)

Trade closed: target reached

⋅ Jul 2, 2021 4:55 PM

TP3 Hit!
I got stopped out at breakeven by the NFP wick but wonderful trade.

Trend Analysis Chart Patterns

Comments

UnknownUnicorn13181475

⋅ Jul 2, 2021 2:34 PM

NFP was today and I got stopped out by the huge wick at breakeven, but price then proceeded to plummet down to nearly TP3! Easy money when you have multiple confluences and multiple time frames.