piphunters
Long

EURAUD: Buy breakout

FX:EURAUD   Euro / Australian Dollar
551 4 31
The pair is now in uptrend and is breaking out of the smaller degree corrective structure giving us a good opportunity to go long once again on this pair.
Comment: IMPORTANT: The setups posted here are not trade calls and are intended for informative purpose only and you should use your own strategy to determine an entry. I am unable to post everything here on Trading View, if you would like to get all my setups together with exact entries and exits with please visit http://www.thepiphunter.com and subscribe.
I've been watching this pair trading in this uptrend. what's the place where you'll put your take profit point at after a breakout? I assume it's based on the red line :) Thanks
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piphunters TradingFellow
yes should be somewhere there. I don't keep a fixed TP and close position when I see a deeper correction likely in a high time frame
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I get it, it's more about making the community clear that we're currently in an uptrend and are most likely going higher after a breakout to the upside. Thank you
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piphunters TradingFellow
alright
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