EURAUD Buy signal setup with potential for longterm hold

17 mai 2020

Heres my analysis on EURAUD before the week gets started.
enjoy a free signal.
trade at your own risk.

BUY
Symbol: EURAUD
Entry: 1.680 (Buy Limit)
Best Entry: 1.676 (Buy limit)
Stop Loss: 1.671 (-90 to -50 pips from B.E.)
Take Profit: 1.697 (+170 to +210 pips from B.E.)
Take Profit 2: 1.729 (+490 to +700 pips from B.E.)

17 mai 2020

Note

**Update pip count**
Take Profit 2: 1.729 (+490 to +530 pips from B.E.)

18 mai 2020

Transaction en cours

My original SL got triggered.
I still believe this playe out.
So I re-entered as low as i can

Updated SL
0.6690 (-60 pips from Best entry)

18 mai 2020

Note

18 mai 2020

Note

I recommend using Buy Stop Orders.

18 mai 2020

Transaction en cours

Buy Stop Triggered.
SL 0.669 -60 pips
Tp 0.679 +210 pips

18 mai 2020

Trade fermée manuellement

I believe market will move lower
this trade setup is cancelled in my eyes

We broke and retested the minor uptrend channel

price will test the next major uptrend line




Daily formed an engulfing