EUR/AUD: Shorting, target @ 1.59700

Hi guys,

I am shorting this pair, my target will be the neckline at around 1.59700.

Best,

Jesse

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We can see a nice rejection at 50%

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For those of you who want an extra confirmation wait for the trend line to break

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We are stuck in range since 5 hours but we have nice confirmation from volumes that it's bearish + a divergence from A/D indicator.

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Currencies are going crazy today, with lots of volatility.

Here is my plan for this trade.

Best,

Jesse

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Range
Price moving inside this box
Volume suggesting bearish pressure
A/D suggesting it's selling

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Off the screens

Have a good evening/night guys

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Took partial profits

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Warning guys, red news for EUR in a couple of hours, protect your profits

Trade stängt: målet nått:

We are in an area where it could potentially rebound

Trade stängt: målet nått:

Final target hit

Happy trading guys