Yesterday, the EURAUD printed an Inside Bar (IB) on the daily chart. This Daily IB formed after price breaks the daily support level. With the recent trend still shows weaknesses, I decide to open one short position. My open position will be below the housing candle (candle before the inside bar that “houses” the inside bar).
OP: 1.4935, SL: 1.5046, TP: 1.4800
EURAUD daily chart