EURAUD Long - 28 Feb 2017
Updated
Background:
- Bullish reversal candle formed with bullish divergence near weekly support area @ 1.374
Entry:
- Buy stop @ 20 pips above last week high @ 1.3852
SL:
- Below today's candle low @ 1.37
PT:
- Near to next resistance area @ 1.41
- Bullish reversal candle formed with bullish divergence near weekly support area @ 1.374
Entry:
- Buy stop @ 20 pips above last week high @ 1.3852
SL:
- Below today's candle low @ 1.37
PT:
- Near to next resistance area @ 1.41
Trade closed: target reached
Updates - 11 March 2017:- Profit target reached with 260 pips profit
- Price have been in bullish mode since the start of this trade
- The price now is testing the 1.42 resistance area
- Would keep a close eye on this area to look for potential short trade (or long trade if breakout and retest at that area)
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.