makuchaku

AUDUSD (4H) : Trapped shorts exiting => LONG

Long
makuchaku Updated   
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Trapped shorts will now exit, giving us a long entry.
Trade active:
1R reached, took 50% off. Trade is now risk free.
Comment:
Will move SL to breakeven at 2R
Comment:
2R hit, SL to breakeven, Removed further 25% from the trade.
Profit in trade = 1R
Comment:
Price seems to be stalling. Moved SL up to 1R. Confirmed profit = 1.2R
Comment:
Price is teasing us at this time, waiting for it to hit 3R.
Comment:
3R hit. Captured 1.6R profit. SL at breakeven. Waiting for price to move forward.
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