EURAUD Short - TP Hit

sebking1986

Active member
206 69
Good morning all, finishing the week reporting a SL hit on EURAUD . After the lower high was created last post I ended up moving my SL to 1:1 R:R as instructed last time. This again shows why we do this along the way as EUR gained a great amount of strength and as we can see pushed right to the upside. Price has touched the supply zone above and seems to be stalling. We could possibly sell from here but I think I will wait to see the breakout direction before I enter again on this pair. Hopefully you secured some profits too and we can wait for the next position. Will update again when its significant GLIYF
View attachment 309861
I would be looking for the gap on the large bullish candle to be at least partially filled and then a continuation to the upside.
 
 
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