maliekevans

EURAUD Buy signal setup with potential for longterm hold

Long
maliekevans Updated   
OANDA:EURAUD   Euro / Australian Dollar
Heres my analysis on EURAUD before the week gets started.
enjoy a free signal.
trade at your own risk.

BUY
Symbol: EURAUD
Entry: 1.680 (Buy Limit)
Best Entry: 1.676 (Buy limit)
Stop Loss: 1.671 (-90 to -50 pips from B.E.)
Take Profit: 1.697 (+170 to +210 pips from B.E.)
Take Profit 2: 1.729 (+490 to +700 pips from B.E.)
Comment:
**Update pip count**
Take Profit 2: 1.729 (+490 to +530 pips from B.E.)
Trade active:
My original SL got triggered.
I still believe this playe out.
So I re-entered as low as i can

Updated SL
0.6690 (-60 pips from Best entry)
Comment:
Comment:
I recommend using Buy Stop Orders.
Trade active:
Buy Stop Triggered.
SL 0.669 -60 pips
Tp 0.679 +210 pips
Trade closed manually:
I believe market will move lower
this trade setup is cancelled in my eyes

We broke and retested the minor uptrend channel

price will test the next major uptrend line



Daily formed an engulfing

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