UnknownUnicorn3317576

EURAUD Short after break and close from range plus Fib

Short
FX:EURAUD   Euro / Dollar Australien
EURAUD broke and closed from a month long range plus would appear to be the dropping point after a recent Fib retracement up past the 61% but not breaking the 76% which starting on 25/4 with the low on 4/6. RSI is also showing a much lower reading than previous similar PA levels. Due to the long candle on Friday, SL would be large at around 150 pips but the first profit point would be 1.5290 for 300 pips and the final exit at the 27% Fib extension coming in around 1.5040.

Thoughts?
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.