Euro / Australian Dollar
Long
Updated

EURAUD - Monday morning Long

70
The Story:
  1. We are ranging on a Fib area
  2. We are getting a PRS signal with 19.9 SI on Friday but is not valid because we never broke Fib 61.8
  3. We have an increasing PVR at Fib 61.8 =buyers
  4. High PVR which is coming from Friday news. Since the result is up = more buyers
  5. This morning another High PVR bar the result is up again = more buyers
  6. Finally a PRL signal from Plutus.


Took this trade on PRL and already 35 pips and stop loss to BE.

Enjoy!
Learn to Read and Trade Any Market
Trade closed: stop reached
BE was hit
Trade active
Re-entered with a small stop
Trade closed manually
Not going anywhere!

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