EURAUD 60 LONG Long

FX:EURAUD60

Euro Fx/Australian DollarFXCM

Description

⋅ Mar 4, 2020 8:26 PM

There is a descending wedge. This idea needs you to check the price action during the first hour of trading.

Trade closed: target reached

⋅ Mar 5, 2020 12:39 PM

PREDICTION DIRECTION ACHIEVED.

Trend Analysis

Comments

boniso

⋅ Mar 5, 2020 2:12 PM

Comments welcome and like the idea.

PapaOfFour

⋅ Mar 5, 2020 2:55 AM

Ok final update doubled at 1.68215,
Stop at 1.6790
Targets as mentioned.
Good luck, hope it holds.

boniso

⋅ Mar 5, 2020 2:37 PM

@PapaOfFour, How did your trade go?

PapaOfFour

⋅ Mar 5, 2020 1:52 AM

Current targets
1.6927
1.7016
And outside chance of 1.7123

PapaOfFour

⋅ Mar 5, 2020 1:49 AM

Just added again at 1.68355, after breaking out of the wedge the pair bounced of the top of it.

PapaOfFour

⋅ Mar 5, 2020 2:09 AM

Provided we break above 1.68510, we continue higher. Rejection there we retest 1.6820 are. I’ll double on a bounce there or just hold long above 1.68510

PapaOfFour

⋅ Mar 5, 2020 2:13 AM

Just to clarify, a bounce in the 1.68 to 1.683 range if we go that route.

PapaOfFour

⋅ Mar 5, 2020 1:03 AM

Added 1.68226

PapaOfFour

⋅ Mar 4, 2020 10:35 PM

Correction, sorry, I was watching the BID. Long at 1.68076 on the ASK.

PapaOfFour

⋅ Mar 4, 2020 10:14 PM

Long at 1.67961