FX:EURAUD   Euro / Australian Dollar
Currently entered into a short position on the the EURAUD . Confluences on the chart.

- Multiple 4hr wick rejections of monthly resistance
- 2 daily TF rejections ( tweezer tops )
- Momentum slowing
- 4hr broken through lower trend line
Trade active: Moved stop loss to 1.42250 after initial 1 hour spike.
Trade closed manually: Closed in profit - just shy of target
For more technical analysis and FREE trading education, please check out my blog site https://diaryofafinancekid.com

Comments

I think you were right to bail out with profits in hand. Some people do not, hold on and take loses. I've learned that it's better to walk away with something in the pocket than a hole in the pocket. Not everybody agrees with me though.
+1 Reply
Charlieab94 Captain_Walker
@Captain_Walker, I agree mate. Greed is a killer of profits
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out