EURAUD is retracing off strong support and testing strong resistance, further supported by 50% fib resulting in Head and Shoulder pattern. Current price action in this price zone provides a High Probability Trade Setup for Short
Out look – Short
Short Entry – (1.27712 – 1.27240)
TP 1 - 1.26400
TP 2 - 1.25675
SL - (1.29250)
Trade Quality – 80%
Profit potential upto 150 pips
Best
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