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faithintrade
Feb 23, 2021 7:30 AM

EURAUD PRICE TRAP 1HR tf 

EUR/AUDOANDA

Description

EURAUD Price Trap - (BUY/SELL)

BUY
Entry: If price break and closes above
alert price on the 1hr tf, enter on the break or the retest
Alert: 1.54042
TP1: 1.54302 (26 pips)
TP2: 1.54652 (61 pips)
TP3: 1.55163 (112 pips)
TP4: 1.55964 (192 pips)
SL: 1.53733 (31 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits

SELL
Entry: If price break and closes below
alert price on the 1hr tf, enter on the break or the retest
Alert: 1.53485
TP1: 1.53228 (26 pips)
TP2: 1.53021 (46 pips)
TP3: 1.52853 (63 pips)
SL: 1.53835 (35 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits

THESE ARE N.O.T. PENDING ORDERS
MUST WAIT FOR THE BREAK & CLOSE

Trade closed: target reached

TP2 hit, close trade
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