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Mr_kwatei
Sep 8, 2020 5:24 AM

EURAUD MULTI-TIMEFRAME ANALYSIS AND SMART MONEY CONCEPT Long

FX:EURAUD240
Euro Fx/Australian DollarFXCM

Description

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Forget smart money, look at the chart.... Some things are just easy to point out.

  • 1. Impulse correction impulse
    2. Fib re-tracement (70.5) OTE
    3. IMBALANCE.

    ONE PAIR, THREE ENTRIES WITH AT MOST A 20 PIPS SL, 15PIPS AND EVEN A 6PIPS.
    If this trade plays out the RISK TO REWARD
    IS HUGE. 28% of your account.
Beyond Technical AnalysisChart PatternsTrend AnalysisEURAUDeuraudlongeuraudanalysis
Comments
Mr_kwatei
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second TP hit
Mr_kwatei
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first TP HIT
Mr_kwatei
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follow, comment and like for more educational analysis.

also please follow my telegram @tradingwithmrkwatei
Mr_kwatei
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we were almost taken out.....

price is heading to the moon. our first target is what we are aiming at, when is get there... move your trade to break even and take partial and allow the rest to run risk free.
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