EURAUD Another Potential Run to the Upside

FX:EURAUD   Euro Fx/Australian Dollar
Please see my previous idea, which is still shown on this chart, and read the research that led to a spot on long position on this EURAUD             a few days ago. Now that price action has ran back down and since then retested the down trend there is some clear bullish momentum present. I've already entered into a long position and expect to see price action hit one of the 3 targets marked in red.

No rules for entry as I am already entered long on this bullish momentum.
Stops around 1.54700.
Targets are marked by the red horizontal dashed lines.
Comment: I've aggressively moved stops to break even at about 6 pips profit as I would like to see more bullish momentum to confirm a swing to the upside. If I get stopped out I will be out of this trade until I get a better buy signal. This does not necessarily mean that this trade is a bust, it very well could go as planned I am just be aggressively conservative if you will.
Trade closed: target reached: target one was hit to a T @ 1.56650
United States
United Kingdom
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out