EUR/AUD With Bearish Momentum after broke of support, retest and again continuation candle hopefuly we continue downtrend.
1. RSI Below 50
2. Price below 3 MA's (3,8,20)
3. RSI MA's cross
4. Babypips Currency Strenght Meter confirmation
5. Babypips Bear Case (4)
6. Babypips Trend Analysis Bearish Confirmation
7. Breakout of strong structure
8. Weekly 3rd Bearish Candle Lower Close
2% Risk Per Trade
1st Take Profit at 1:1 R:R then moving SL to BE and trailing with structure/MA 20.
Stop Loss Above High of the entry candle and closing on change of scenario/bullish reaction/break of structure.
1. RSI Below 50
2. Price below 3 MA's (3,8,20)
3. RSI MA's cross
4. Babypips Currency Strenght Meter confirmation
5. Babypips Bear Case (4)
6. Babypips Trend Analysis Bearish Confirmation
7. Breakout of strong structure
8. Weekly 3rd Bearish Candle Lower Close
2% Risk Per Trade
1st Take Profit at 1:1 R:R then moving SL to BE and trailing with structure/MA 20.
Stop Loss Above High of the entry candle and closing on change of scenario/bullish reaction/break of structure.