Setup details on charts.
After a high has broken on the H4 last week. I expected AUDUSE to retrace. On this retracement I want to get on the buys to keep going LONG.
This Buy stop ensures that we get in on the continuation of the trend and also allows the asset to do its Fakemove to the downside and quickly gets us in the trade once it's taken out sellers.
Use proper risk management, and stay tuned for updates
After a high has broken on the H4 last week. I expected AUDUSE to retrace. On this retracement I want to get on the buys to keep going LONG.
This Buy stop ensures that we get in on the continuation of the trend and also allows the asset to do its Fakemove to the downside and quickly gets us in the trade once it's taken out sellers.
Use proper risk management, and stay tuned for updates
Trade active:
Buy stop activated
Trade active:
Tp1 hit
Trade closed: target reached:
Tp 5 fit, 50 pips if you took this trade. Congrats. Took a while but it came back