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Euro / Australian Dollar
Short
Jun 20, 2018
EURAUD TRADE 20/06/2018
0
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I have entered this trade after seeing the 78 fib region hold strong and act as resistance.
I felt the candle was weak and we would see more movement to the downside.
I believe a new lower high has also been formed and this will allow for the bearish move to continue.
We had a retest of the shooting star candle to confirm this new lower high.
I have a lot of targets here and I am prepared to hold this trade. I will look to take profits at every target point of we do reach to these levels.
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Candlestick Analysis
Fibonacci
Multiple Time Frame Analysis
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