Shortterm 1-2-3 Breakout-Pattern

FX:AUDUSD   Australian Dollar / U.S. Dollar
330 5 14
Illustration of a possible longtrade idea in the hourly hhart.
The fictive illustrated Position:
Stopp Buy @ 0,73803 a bit higher than the neckline
SL: 0.73449
TP1: 0.739
TP2: 0.7416
TP3: 0.7480
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tp1 reached, than crashed....
Long Position triggered..i adjusted the sl - now it is based near the last "3"
0.7443 first stops part will slow moving up, & next move up after consolidation with posible target 0.7537
Daily stong move up
THX for your comment and`s getting interesting :-)
+1 Reply
nice chart
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