EURAUD (H4): Triple Top Short Opportunity

EURAUD
Timeframe: H4
Direction: Short

Cofluences:
- Triple Top Resistance
- H4 Short Term Trendline Broken
- Crossover of 8EMA and 50EMA

Trade Suggestion:
Entry @ 1.6220
SL: 1.6375
TP1: 1.6013
TP 2:1.5886

Risk : -152 pips
Reward: +334 pips
Risk/Reward: 1:2.20

May the pips move in our favour! Good luck! :D

Commentaire:

Price tested the Trendline again and bounced off.. Clean break off the Trendline.. Moving towards our TP levels. :)

Transaction en cours

Commentaire:

Move SL to 1.62 levels, at least to Breakeven levels. Be prepared to lock in some profits as it closes in on TP 1 levels.

Trade fermée: cible de profit atteinte:

Target reached. Hope you all managed to catch this nice move. :D