EUR/USD - INTRADAY - STAY TUNED FOR THE ENTRY, STOP LOSS, TARGET

By Aqua_Trader
Updated
Pay attention to the updates section as I will be posting when I will be entering my trade.

The analysis is made based on order flow using volume profile

For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
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expecting one more push, but I am more interested in selling from the top
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final push has begun
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change of plans. In sight for a bounce off of the 78.6 fibo level..?
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locked onto that. could be getting an entry in the next 15-20 mins
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entering long at the close of the current 5m candlestick with the stop loss below its https://lowhttps://www.tradingview.com/x/752vOuFB/
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Trade active
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1st target set at 1.1622
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moving up nicely
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really nice follow through
stop loss has been moved to break-even as the price is forming a flag which makes me believe we could see one more move to the upside
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Trade closed manually
trade closed 3 pips from target at 1.16192
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thankfully closed out because price seems like it's heading back down strongly without tapping the top

net gain +17 pips

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buyChart PatternsCurrenciesEURUSDForexfxTechnical IndicatorsLONGSELLsetupshortTrend Analysis

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