Get started
Fxprotrader

EURAUD Short Setup With Great Potential

Short
Euro / Australian Dollar (FX:EURAUD)  
Fxprotrader  
FX:EURAUD   Euro / Australian Dollar
euruad Andrew's Pitchfork medianline
33
14
euruad andrewspitchfork medianline
EURAUD is in a downtrend and we now see price having bounced from a resistance parallel of a valid median line. That's a nice level to short the market with stoploss and profit targets as shown at the chart. Move your stoploss at BE to the second position if price reaches the target at the first one.

Likes and comments are welcomed..
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.