EUR/AUD SELL IDEA BY CURLY FX
TRADE IDEA UPDATE
EURAUD.
Looking at this pair we have seeing price at a bearish view for the past few days creating LH and LL and I’m seeing price move towards daily support at 1.56792, That’s +140 pips away from price at now, we had a sell limit set but price has been struggling to push up so we deleted that pending order and went straight in, bigger stop loss that has been moved up to 15.5pips but don’t want to miss this as we have a food R:R trade here,
The reason for my entry is simple, 3rd touch at resistance 1.58273 area and and bearish candlestick open on the 4hour that should be pushing towards the downside in the next few minutes.
Price has also rejected our fibs level, 71.00% @ 1.58248.
Sells it is!
EURAUD.
Looking at this pair we have seeing price at a bearish view for the past few days creating LH and LL and I’m seeing price move towards daily support at 1.56792, That’s +140 pips away from price at now, we had a sell limit set but price has been struggling to push up so we deleted that pending order and went straight in, bigger stop loss that has been moved up to 15.5pips but don’t want to miss this as we have a food R:R trade here,
The reason for my entry is simple, 3rd touch at resistance 1.58273 area and and bearish candlestick open on the 4hour that should be pushing towards the downside in the next few minutes.
Price has also rejected our fibs level, 71.00% @ 1.58248.
Sells it is!
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