VIP - EURAUD - SHORT

Why are we entering?
- Expecting AUD strength and EUR weakness = EURAUD SHORT

Entry
- Safe entry: break of WFB
- Risk Entry: rejection of channel

Once entered, where will our Stoploss be?
- above price once WFB breaks

Where do we take profit?
- First TP: 1.646 (250pips)
- Second TP: 1.634 (350pips)
Taper as we move lower