The bearish trend on the EURAUD is yet to give any sign of letting off. The pair closed significantly below the inside bar and support zone. This is a breakout coupled with a Fakey with Pin trade setup. This trade has good potential to sell off, however, we must note that the trade carries significant risk in the potentially high stop loss.Join me in the Trade Room to see how we intend trading this setup.
My Recommendation: This is not a trade for the faint hearted, Sell with stops above recent high.
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