EUR/AUD - Bearish divergence at structure

2019年6月10日

Currently short here. This is the 1 hour chart, but be sure to check out other time frames. Bearish divergence at structure. Watch price action for entry. Stop and target levels are a rough estimate as it currently sits and I revisit that often. The stop is solid, but watch price action before exiting.

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2019年6月10日

トレード稼働中

2019年6月10日

ノート

Should have added this comment as well. As far as the stop, I'd only stop out should it show it's going to break the next structure level above. If it looks like it'll respect that level, which I'm very confident it will, that's where I'd place a second entry.

2019年6月11日

ノート

Adding to position here. Price action is showing signs of slowing and at next level of structure.

2019年6月12日

ノート

2019年6月12日

ノート

We now have confirmed divergence on the daily at a major structure level. It's extremely overextended at this point. I'll be adding my third and final entry based upon a clear rejection

2019年6月27日

手動でトレードを終了しました

Closed on the drop last night around .6238. Had enough entries up top to close with a profit, but definitely got in this one too early. I still believe it will come down further, but will watch for the next setup.