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AndriyMoraru

Bearish Pennant on EUR/AUD @ D1

Viés de baixa
Euro / Dólar Australiano (FX:EURAUD)  
AndriyMoraru Atualizado   
FX:EURAUD   Euro / Dólar Australiano
Chart Patterns Pennant Bearish Pennant breakout chartpatterntrading
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chartpattern pennant bearishpennant breakout chartpatterntrading
This bearish pennant formation on the daily chart of the EUR/AUD currency pairs presents a bearish breakout trading setup. The pennant and its pole are shown with the yellow lines. My potential take-profit level is marked with the green line. My potential stop-loss level is marked with the red line. I will wait for a close well below the pennant area before entering with a market order.
Comentário:
The pattern has transformed into a bearish flag. Opened Sell @ 1.60811, SL=1.62560, TP=1.58642 at 9:18 UTC today.
Trade fechado: objetivo atingido:
TP of 1.58642 reached today at 11:51 UTC.
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