Good short trade for buys. EURAUD has been dropping despite being oversold with no strong retrace on the larger time frame yet. I am trading this one buys only but short profit ranges.
Look to enter at current price of 1.5880 TP @ 1.5950-1.6000 Short SL under last low of 1.5830
Always remember risk management and splitting up your lot sizes to maximize profit and reduce risk.
Good luck and let me know if I can help in any ways!
Charles V CVFX Management Trading made Simple 2020 Growth: 206%
Nota
Trade closed at 50 pips profit, wait to see how price reacts as this next resistance level. I will be looking to reenter on short pull back or break of resistance, whichever is first.
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