2015.05.04 18:19 EURAUD 5min PUT

FX:EURAUD   Euro / Australian Dollar
The price struggled for almost 15 minutes starting from 18:00. But the real reversal should happen around fibo 1.27, which was also a previous peak level and was very very close to the daily highest point.

So I waited for price to drop below my confirmation level, which was almost the highest of the struggling point. Be prepared for a little struggle when price passing though this area. Then the next powerful support would another previous peak at 17:00. Once price passed through, there would not be any threats to my entry during the 5 minutes.
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