EURAUDOur gartley entry method was actually supposed to be around 1.567 but we decided to enter lower based on our support area around 1.563.
This offers a better risk reward ratio.
Note
Wrong stop loss on chart.Stop loss should be around or below 1.56
Trade closed: stop reached
Price is still within structure. We are still looking for buy signals until the level is broken significantly.Note
Price is on the verge of forming a bullish pin bar on the daily time frame. If it does at close of day we will go bullish with same profit targets as our earlier trade. Trade active
Note
Trade now at 1R.
We have moved our stop loss to break even.
Trade closed: target reached
Stopped out at break even.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.