EURAUD
Our gartley entry method was actually supposed to be around 1.567 but we decided to enter lower based on our support area around 1.563.
This offers a better risk reward ratio.
Trade closed: stop reached:
Price is still within structure. We are still looking for buy signals until the level is broken significantly.
Comment:
Price is on the verge of forming a bullish pin bar on the daily time frame. If it does at close of day we will go bullish with same profit targets as our earlier trade.
Trade active:
Comment:
Trade now at 1R.
We have moved our stop loss to break even.
We have moved our stop loss to break even.
Trade closed: target reached:
Stopped out at break even.
Stop loss should be around or below 1.56