EurAud short - retrace entry from resistance

30 Nis 2018

Last week formed a retracement Pin Bar on EURAUD of the previous Pin Bar (pink arrow). Today price has retraced to the resistance around the 1.6050 area. Short from here targeting 1.5800 then 1.5600.

11 May 2018

İşlem kapandı: hedefe ulaştı

First target reached. Out for the weekend. Will wait to see if price on the weekly close below 1.5770. Will re-enter short on a retrace if it does.