Background:
- Bullish reversal candle off horizontal support @ 1.071 with bullish divergence
Entry:
- Buy stop 20 pips above bullish reversal candle high @ 1.077
- Trade set up trigger on 21 Apirl 2017.
SL:
- Set at 23.6% fib level of the bullish reversal candle @ 1.066
PT:
- Set at previous significant swing high level @ 1.093
- Bullish reversal candle off horizontal support @ 1.071 with bullish divergence
Entry:
- Buy stop 20 pips above bullish reversal candle high @ 1.077
- Trade set up trigger on 21 Apirl 2017.
SL:
- Set at 23.6% fib level of the bullish reversal candle @ 1.066
PT:
- Set at previous significant swing high level @ 1.093
Trade closed manually:
Updates - 1 May 2017:
- Price has been bullish since the start of the week.
- As the AUD rate release is due tomorrow, i have exited the trade with remaining 15 pips to go before reaching my PT @ 1.0915 (PT set at 1.093)
- Price has been bullish since the start of the week.
- As the AUD rate release is due tomorrow, i have exited the trade with remaining 15 pips to go before reaching my PT @ 1.0915 (PT set at 1.093)