EURAUD Short

٤ سبتمبر ٢٠١٩EURAUD got to a Supply zone and I waited for a clear topping pattern to form. I entered once the pattern broke to the downside. Trading this on the 8h chart to avoid the noise I see on the 4h and 2h.
TP 1 is the first blue line.

Let's see how it goes!

٦ سبتمبر ٢٠١٩

تعليق

Closed half of my position at a small profit as momentum seems to be slowing down and I want to preserve capital. Kept half because price has a not yet shown signs of reversing the upside.

٦ سبتمبر ٢٠١٩

تم إغلاق الصفقة يدويًا

I closed the rest of this trade at a profit of 145 pips as the weekend is coming up. If you remember I cut it in half early on but it's still a nice profit regardless.

Normally I would hold onto this type of trade over the weekend but I to be honest, this was mostly an emotional decision. I just didn't want to have any trades open during the weekend. Sometimes I'm ok with it but this week I wasn't.