Eur/Aud had been ranging for a while and now has broken the range to the downside. Ichimoku confirmed sells on this pair last week and still holds the same bias after a spike up to grab liquidity this looks highly likely now to shoot down.
Upon seeing the 1H candle close below structure we are just waiting for a little retracement to our zone of 1.6600 -1.6615 to enter sells with sl@ 1.6655 (Risking no more than 40pips).
TP1: 1.6515 TP2: 1.6485. TP3:1.6465. We are expecting a minimum of 1:2/1:3.
As usual we will use 1-2% risk and will manage Risk accordingly responding to price action every hour or 4h candle close.