AGold54

EURAUD cloud Channel trade +350 pip potential

Long
AGold54 Updated   
OANDA:EURAUD   Euro / Australian Dollar
The Monthly and Daily and 60 are in an uptrend.
Need a pullback to the 60 Senkou B (or Daily Senkou B before 3 am confluence)
Entry = 1.5860
Stop = 1.5840
Risk = 20 pips
1st PT = 1.5917
Reward = 57 pips
RRR = 2.85 - 1
2nd PT = 1.6219 (the Daily Kejun Sen)
Reward = 359 pips
RRR = 18 - 1

* At the 1st PT you can either take a portion of your position off and move your stop to flat
just move your stop to flat (which is what I will do)

Comment:
This trade is still viable, however, the entry is
now 1.5865 as the 60 Senkou B has moved up
Order cancelled:
Market bounced off the Senkou A, as opposed to penetrating down to the Senkou B, where our entry was. At this time the trade setup is invalid.
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