EUR/AUD – Monday 1/13

Result -4 pips

 

Trade Selection:

SHORT

  • Upward sloping channel in context of a bearish visual flow
  • idea was a scalp type trade after upper channel line was broken and price closed back inside the channel

 

Trade Management:

  • After entry price moved against my position
  • When it closed back into the channel I was confident that it might work but momentum wasn’t there and I closed it

 

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