EURAUD - Symmetrical Triangle Pattern - 30/04/2024

EURAUD has been trading in a strong Bearish Trend. A Symmetrical Triangle Pattern has been observed on the 1 hour timeframe, which further confirms the continuation of the downward trend.

If price breaks through the 1.62855 level, a short position should be triggered as follows:

Trade Call: Short
Entry: 1.62855
SL: 1.63837
TP1: 1.61870
TP2: 1.60890