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Jiraiya_eth
Feb 25, 2021 4:07 PM

EURAUD, Long Short

Euro Fx/Australian DollarFXCM

Description

Hello ladies & gents,

This is another trade I took this morning but I went for a walk and completely forgot to post it on tradingview! Woops.

Anyway, price induced past a set of weekly lows dating back to 2018 and gave me a signature reversal pattern. I took this after London Gap Time and my take profit target is located @ the bearish orderblock which I've delinieated using a horizontal white line.

Price has already moved 100 pips in my favour. Stop is at breakeven. Looking for price to expand to this area before looking for a continuation trade going short.

Comment

75% towards TP. Partials have been taken and stop loss has been moved to breakeven. Risk free trade.

Trade closed: target reached

Clean. +14% banked on this trade.
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