FOREXEL
Short

EURAUD / Interesting selling opportunity..maybe

FX:EURAUD   Euro Fx/Australian Dollar
138 1 9
The EURAUD             is now at an interesting price level where the price have turned to the upside lately, but I am going to keep an eye on it and place a limit order should the Aussie manage to keep the Euro             under pressure and possibly even break the 1.42 handle. if so I aim fo             about 400 pips. Will take a few for this trade to trigger but worth the wait.

Since I only use the 240 TF for my trigger I am not concerned with the stochs reaching oversold area. The Daily and Weekly still show plenty of fuel.

Happy trading
Lastin
2 years ago
Now we have Swing lower high, Surely it will make swing lower low.
+1 Reply
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