EU going up? Nearing major resistance on day chart.

Supported at around 70, 80 region. TL break to confirm. 1st TP 1.1120. 2nd TP 1.1160. News coming up in 18 mins time.

Note

open at 1.1089 SL at 1.1074, risk 60pips

Note

shift SL to 78, risk 44 pips

Note

add risk by 18 pips..Total risk 62

Note

H1 confirmation, TL breached. Add risk 25pips. Total 87 pips

Note

adjust overall risk to 72 pips. SL 1.1080

Note

close 1/4 position at 1.10956. overall risk = 60pips minus profits from closed position

Note

profit from closed position 6.2 pips. Overall risk 53.8 pips

Note

re enter 1/4 postion at 1.10994. add risk 28.8 pips Overall risk 82.6pips

Note

readjust overall risk to 52.8pips. SL 1.1085. Average entry price 1.10916

Note

H1 closed doji...closing trade soon

Trade closed: stop reached

Loss 52.8pips

yewsean

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.

yewsean