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The808Trader

EUR/AUD Bearish Trend Move - Ichimoku setup

Corto
Euro/Dólar Australiano (FX:EURAUD)  
The808Trader  
FX:EURAUD   Euro/Dólar Australiano
Trend Analysis Chart Patterns Technical Indicators EURAUD Ichimoku Cloud euraudshort euraudanalysis euraudsell ichimokukinkohyo the808trader euraudbearish
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trendanalysis chartpattern indicator euraud ichimokuclouds euraudshort euraudanalysis euraudsell ichimokukinkohyo the808trader euraudbearish
I'm looking at a trend continuation trade here as the EUR continues to show weakness.

Price is holding at kijun sen right now and I'm watching for a push back down to price structure lows as my target.

This one is pretty straight forward, and  while we have some spots we can look to take some partial profit, I'll just adjust my stop loss to breakeven after moving about halfway to my target.

If we fail to continue to hold at kijun sen or our bearish confirmations change, then this setup may become invalidated.
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