EURAUD resting on a weekly upward support.
Updated
Recommended long at 1.4530 area all the way up to the weekly downtrend line around 1.5900 area. very high R/R ratio, place stop loss 50 pips below previous day low.
Note
If you do not want to stay in that trade for that long you can come out when it hits and if it hits 1.4750 ishNote
Hold the trade, next target is around, 1.5150. You can take partial profit now if you like. I may close that trade around the 1.5150 figure unless it brakes it with authority. This pair has a lot of up to go on the higher time frame charts.Trade closed manually
This was an amazing trade for 800 pip profit. I am closing it now booking the whole profit. We are hitting a good resistance level. I am expecting a retracement from here, Hope someone rode that trade with me. Good luck all.Note
Bought again at 1.5400 after small 50 pip retracement short. This was a very shallow retracement showing a strong uptrend. Our next conservative target is 1.5900 that is another 500 pips on top of the initial 800 we locked in. Manage your position size and stops
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