EURAUD SHORT

13 thg 12, 2023

I am expecting a short trade on EURAUD based on a ranging market. I've identified a lovely double top trading pattern, and when looking at the left side, there's a minor resistance formed. Now, combining the double top pattern with that resistance, I've established a zone. Currently, the market has broken below this entire zone, and I plan to enter the trade on a retest.

Entry 1.64395
Stop loss 1.6490
Targets 1.6373 & 1.6325