EURAUD Unemployment News tonigh, watch for a breakout. Pair is
Updated
EURAUD Unemployment News tonigh, watch for a breakout.
Pair is still trending up so I will only be in buy positions.
Entry if northern break:
Look for a break above channel (buy stop 10 pips above channel or current price at news release)
Entry if southern break:
1. Bottom of channel @ 1.6441
2. Past support @ 1.6420
Remember risk management.
Good luck trading! Please help like my free analysis ideas so it can benefit more people.
Let me know if I can help in any way!
Charles V
ww.cvfxmanagement.com
Trading made simple.
Pair is still trending up so I will only be in buy positions.
Entry if northern break:
Look for a break above channel (buy stop 10 pips above channel or current price at news release)
Entry if southern break:
1. Bottom of channel @ 1.6441
2. Past support @ 1.6420
Remember risk management.
Good luck trading! Please help like my free analysis ideas so it can benefit more people.
Let me know if I can help in any way!
Charles V
ww.cvfxmanagement.com
Trading made simple.
Comment
I am currently at a buy at break and will add if it retraces. Direction is still upwards to at least 1.6500 handle.Comment
Pending Trade at bottom of channel hit. Remember risk management. Taking positions at only 1% of my accountComment
All trades closed at 7%, will reenter on retrace on smaller timeframe.Disclaimer
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