ChillaxTrading

Ascending triangle broke out, long swing position

Long
FOREXCOM:EURAUD   Euro / Australian Dollar
As you can see on the chart there was an ascending triangle on daily timeframe which we break with strong candles, now we have a low risk entry on the retest of the triangle, it's a 2 to 1 reward to risk ratio, stop loss is 1 ATR below swing low, AUD is in a weak stance and EURUSD is in a huge support area, so we can hope for winning trade...
Take care and stay profitable
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