Short EURAUD
Entry: 1.59405
SL: 1.59805
TP: 1.58500
Simple set up, as clear as day.
Entry: 1.59405
SL: 1.59805
TP: 1.58500
Simple set up, as clear as day.
- Market below EMA 13
- H&S reversal pattern confirmed with the breaking of the neckline
- RSI below 55% resistance level
- Market pullback below descending trendline resistance
Trade closed manually:
Market broke descending trendline resistance. H&S patter failed. prefer to close position to prevent further losses
Comment:
Please see my linked idea under the "Related Ideas" section below. I've posted a new trade idea...
For those of you lazy to click, here's my chart:
For those of you lazy to click, here's my chart:
Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it? - Luke 14:28
Here my analysis was spot on. But I was too trigger quick.
There will be other chances.