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EURAUD Short

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1. 4hr Engulfing Candle
2. Under 200 EMA 4Hr (Trend)
3. RSI under 50 4Hr (Momentum)
4 4Hr Structure break

1Hr Confluence
5. Under/Above 200 EMA 4Hr (Trend)
6. RSI under/Above 50 4Hr (Momentum)

Nota

Very close on the SL should have waited a little longer on the entry but now in profit looking for potential entries to build on the position.

Nota

Approaching oversold area on lower time frame 15m/1hr will look to potential add to the trade if we get a good enough pull back.

Nota

Nota

Trade will now be held until we get a market break on a lower TF like the 15m next target shown below.

Nota

Trigger to exit trade was there with oversold and structure unfortunately this was 3.30 am my time and we where taken out of the trade at Break even on to the next one

Lukeytez

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Penafian

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