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theforexportal
Apr 8, 2020 6:37 PM

EURAUD looks a SELL Short

Euro Fx/Australian DollarFXCM

Description

EUR/AUD looks like its falling off a cliff. My indicators are telling me there's more downside to come. I'm in at 1.7432 with a STOP at 1.7798 and a TAKE PROFIT at 1.6557. I expect some big swings so a large STOP is necessary but I expect this trade to make progress quite quickly and I can get a B/E STOP before too long.

Trade active

Thus trade is currently +148 with a 48 pip STOP. Not sure why I have a LONG graphic on my chart - ignore that. Target is s1 Pivot at 1.6557 for a nice +870 pips

Trade closed: target reached

249 pips locked in on this trade - with more to come - 1.6909 WS1 Pivot next level to look at
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