I have spotted an interesting trade setup on EURAUD - it looks like we are bouncing from the support @1.57257 and heading towards resistance @1.58 and 1.58416 (these levels are approximate, please don't take them literally). You can see that EURAUD is moving sideways from 25th June - which makes this range very strong.
I personally opened long positions:
SL: 1.57
TP1: 1.57917
TP2: 1.58384
I plan to move SL to break even when the price is on 1/2 of TP1.
Good luck and lot of pips :)
I personally opened long positions:
SL: 1.57
TP1: 1.57917
TP2: 1.58384
I plan to move SL to break even when the price is on 1/2 of TP1.
Good luck and lot of pips :)
Trade active:
so far all goes great :)
Trade closed: stop reached:
I had moved SL to break-even. Unfortunately my first TP was missed very nearly. On the bright side because of moved SL I didn't lost any cent in this trade.