OANDA:EURAUD   Euro / Australian Dollar
Low time frame consolidation is attempting to break to the downside. Looking at the potential right shoulder formation of a h4 H&S . Targeting known support and an area of intraday liquidity / previous established support that created an impulse (partial profit levels). I got in on wick highs of consolidation.
Comment: Partials taken at TP 1 (first projection range), risk free and letting the rest (40%) slide
Comment: 60% taken at 164 pips 40% remaining, floating around 200-300 pip range. Watching this range resistance for the next decision.
Comment: The trade idea has hit 425 pips so far, you would have had to reenter on the retest of daily resistance


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