Hey Everyone, EURAUD is approaching Dynamic Resistance at 1.58700 and it's expected to drop as price action Indicates an Overbought Situation, In accordance with our Oscillators RSI - (Overbought at 90) CMO - (Overbought at 100) STOCH - (Overbought Divergence)
and hence we'll be shorting this pair our preferences will be SELL LIMIT - 1.58700 STOP LOSS - 1.59358 TARGET - 1.56254 you can also Short at CMP with a calculated risk also, This trade requires your medial attention like closing early or once we have any further update so be ready once our trade is activated
More updates will be posted under this thread, have any doubts? then, let us know in the comment section below and make sure to give this analysis a Thumbs UP +_+
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ORDER PLACED - LET IT RUN
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Melting Melody! Sniper shot perhaps?
Keep Shorting
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EURAUD RUNNING with (+70 PIPS) of Profit! Keep Shorting!
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UPDATE EURAUD - MOVE STOP LOSS TO BREAKEVEN RUNNING WITH (+140 PIPS) of Profit! BOOK HALF of the profits (Optional) Don't forget to HIT LIKE and Comment Cheers!
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UPDATE EURAUD - Close Now with (+140 PIPS) of Profit!