EUR/AUD – Monday 1/20

                                                                  Result +23 pips

Trade Selection:

SHORT

  •     Potential 1-2-3, fib expansion setup, trending down (shallow) since channel break

    
 

Trade Management:

  •     Moved stop, then again to break even. Price looks like it’s moving to 61.8 fib (about 35 pips from entry).
  •      I got out above the fib – Price moved to it (so I left pips on the table)

 

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