beanoclock

EURAUD Short 3R

Short
FX:EURAUD   Euro / Australian Dollar
  • Strong Area of Liquidity
  • 1H Reversal Doji
  • Overextended From 1H Highs
  • 15m Symmetrical Triangle Breakout Bearish
  • Potential for 150 PIPS following a BoS after TP3 (6R)

Looking to trade this area of liquidity and will likely be trading a break & retest of the lower area of liquidity if we see a breakout :)
Trade closed: target reached: TP3 Hit!
I got stopped out at breakeven by the NFP wick but wonderful trade.

Comments

NFP was today and I got stopped out by the huge wick at breakeven, but price then proceeded to plummet down to nearly TP3! Easy money when you have multiple confluences and multiple time frames.
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