lixing_gan

Short EURAUD

Short
lixing_gan Updated   
FX:EURAUD   Euro / Australian Dollar
1. RSI testing descending resistance level
2. Price testing descending resistance level
3. Major resistance at 1.56665: Fibonacci retracement (23.6%), horizontal resistance overlap, descending resistance line
Trade closed: stop reached:
Missed formation of falling wedge, RSI saw a bullish exit, still bearish as triple top formation is seen
Comment:
down 55 pips, 1:2 risk reward ratio
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