Just two days ago i followed up with another one showing EUR AUD took path 1 to challenge top. So instead of breaking the neckline and plunge, price found support at the neckline and shot up. As price is way too far (qualitatively) away from my favorite 8ema (which can be wrong at times), i shorted at 1.45450 (technically speaking breaking out of top should be ), and i warned you all that it might test for 1.46000!!! And i shorted again at 1.46150 anticipating that the will hold if Draghi understand "Channel" and yes he did!
Now again, price plunge too fast away from my 8ema, i took all my profit as at 1.42449.
Two different short trade, two different profits
1. 1.45450 (suffered major losses overnight) - 1.42449 = 0.03001
2. 1.46150 - 1.42449 = 0.03701
Again, i anticipate 2 more paths as shown which might not happen accordingly.
There is an additional right shoulder formed now which is why i name it shrugged!