Same set up as our EURAUD. We can see that on the RSI price had been trending up, it broke out and the RSI is now about to re-test the trend line. Price is approaching a strong resistance area, expect to see a reversal candle, this will give up our sell signal.
Trade active:
Daily candle is showing a good sign of a potential reversal, selling this pair at the bottom of yesterdays lows.
Comment:
Comment:
About 110+ pips from the entry point, EURAUD idea has also caught 100+ pips so far. Make sure to place SL to break even for a risk free trade.
Trade closed: target reached:
tp1 reached
