shercard

EURAUD 240 Long

Long
shercard Updated   
FOREXCOM:EURAUD   Euro / Australian Dollar
Price recently broke the downward trend it is also close to the 50% retracement from the large swing high to the most recent low. It also retraced 100% on the most recent higher low signaling a trend reversal. Price may retest the 50% fibo before dropping and then proceeding up. Wait for the next 2 candles to close and watch for the direction.
Entry 1.53722
TP1: 1.55226
TP2: 1.55726
Trade closed: stop reached
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