Get started
Euro / Australian Dollar
Short
Updated

EUR/AUD: Shorting, target @ 1.59700

820
Hi guys,

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

Best,

Jesse

Note
We can see a nice rejection at 50%

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

snapshot
Note
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.

snapshot
Note
Currencies are going crazy today, with lots of volatility.

Here is my plan for this trade.

Best,

Jesse

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

snapshot
Note
Off the screens

Have a good evening/night guys

snapshot
Note
Took partial profits
Note
Warning guys, red news for EUR in a couple of hours, protect your profits
Trade closed: target reached
We are in an area where it could potentially rebound

snapshot
Trade closed: target reached
Final target hit

Happy trading guys
SwissPips
audBearish PatternsChart PatternsEURForexｆｘSELLshortTrend Analysis

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
audBearish PatternsChart PatternsEURForexｆｘSELLshortTrend Analysis
SwissPips

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.