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EURAUD Quick retrace before more upward movement

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Quick retrace before conitnuing with the strong momentum up. Good chance to jump on and get some quick pips.
This is only based on the MACD, RSI + Stoch indicators being in line for a drop, but not expecting to far of one.
Looking at first level of 1.42191, with a move of the TP if that is met and continuation downward to the 61.8%

交易开始

SL Kept tight incase of further strong move up. Aiming for TP 1, will maintain and watch to see if this moves downward strongly.

交易开始

Moved stop loss late last night another 300 pips up.
Smart choice as the reversal seems to be in play now, with a strong down candle in play. Will wait it out to see what happens.

注释

Also noticed, a great double top formed at a major resistance line. Should be a good retrace back to 61.8% level, then onward and upwards again.

交易结束：到达目标