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JivkoXristov

EURAUD short move

Short
Euro / Australian Dollar (FX:EURAUD)  
JivkoXristov Updated   
FX:EURAUD   Euro / Australian Dollar
Trend Analysis Support and Resistance Candlestick Analysis channeltrend supply_and_demand supportandresistancezones candlesticksignals
7
6
trendanalysis supportandresistance candlestick channeltrend supply_and_demand supportandresistancezones candlesticksignals
EA is in a descending channel and it has reached the ceiling of it, also a zone of S/R.
30m range/wedge/pennant or wicks at this level will be signal for shorts.
Trade active:
Okey guys, I shorted EA, because there is a nice 4H rejection candle and 1H bearish engulfing candle at the top.
I will update if something happens
snapshot
Trade closed manually:
Just to tell you that I've closed the short position on 3.5 RR cuz I expected to reverse after seeing these two candles ( shown on the chart below) and the minor ATL.
For now I will observe the PA and if I see a breakout or a nice rejection of a major level, i'll post it.
snapshot
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