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smak1200

Up-trend channel support bounce

Long
Euro / Australian Dollar (OANDA:EURAUD)  
smak1200  
OANDA:EURAUD   Euro / Australian Dollar
Trend Analysis
2
0
trendanalysis
Strategy:Up-trend channel support bounce

RRR:1.6 to 3.4 :1

Trade time expectancy:TBD

Entry, SL, and TP justifications:Entry at HH/HC on 4hr - SL at 1/3 ATR beyond channel - L1 TP at midpnt - L2 TP at 1/3 ATR inside channel opposite

Notes:150k units - .5% Risk - TP 75k units at target 1 and 75k units at target 2 (close entry orders if hits SL)

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