FullTimeTrader
Short

EURAUD-another triple top with triple divergence

FX_IDC:EURAUD   EURO / AUSTRALIAN DOLLAR
537 5 9
This setup is similar to the GBPNZD             , a triple top with triple divergence (very rare)
GBPNZD-triple top with triple divergence-very rare
We have also a long term resistance to protect our SL.
The risk is low and the targets are ideal, we should manage actively the trade following the price action.
Regards
NashC
a year ago
Since the EUR just rallied hard against the dollar, probably due to the Greek bailout being secured and snap elections, will this have any major implications on this pair?,
So tempting to short because of the divergence
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FullTimeTrader NashC
a year ago
Arrggg! yes lately there are many unexpected news, i would better close this trade....... be carefull.........
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FullTimeTrader
a year ago
UPDATE: closed positions due to news from EU and waiting for the dust to settle...............
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4xgood
a year ago
Would we a nice short, though :) LOL
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FullTimeTrader 4xgood
a year ago
Hello, losing is part of this trading game as you already know off course. Most important is keep risk under control and be disciplined. Regards.
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