nfarah86

Euraud: Price getting ready for shorts

Short
nfarah86 Updated   
FX:EURAUD   Euro / Australian Dollar
Monthly is at a strong resistance level; weekly is a head and shoulders. Technically it's still in an uptrend. I expect Euraud to drop soon.
Comment:
we got a PERFECT DROP on that flag. Now, if it breaks the hr trend line and tests back a recent high, and fails to break high, sells to the bottom.
Comment:
trade active; euroaud broke the trend line + Monthly resistance. I don't see why you can't play this to the bottom of monthly support. I have 6 entries on this pair right now
Comment:
trade played out PERFECT. I closed this trade. It's at a major daily support zone. I expect some pullback. I have a smaller account where I'll just swing this to the bottom of the monthly demand zone.
Comment:
played out perfect again, we got that pull back, hope you guys resold!

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