[Read this trading setup first: EUR/AUD]
I decide to open short position on Nov 19th, after price broke through the daily support level and then printed a Daily Inside Bar. With the bearish momentum still dominate the EURAUD, I treat this trade as a breakout continuation price action. Price reach my target at 1.4800 and managed to get +135 pips.
OP: sell at 1.4935, SL: 1.5046, TP: 1.4800
Result: close short position for +135 pips.
EURAUD daily chart