Tactical_Trading_Signals

Fractal Breakout: Short EURAUD (H1) - Re-entry

Short
OANDA:EURAUD   Euro / Australian Dollar
Daily Chart: Bearish
H4 Chart: Bearish

H1 Chart: Looking for re-entry opportunities to add on to winning positions.
1) Price broke through the most recent fractal.
2) Tenkan, Kijun, Senkou Span A and B are all pointing downward.
3) SL at the most recent fractal.
4) Exit based on your trading strategies - Kijun break, bullish Tenkan-Kijun cross, or trailing SL based on ATR.
Trade active
Trade closed manually:
Almost hit SL but it didn't. Exited position when price > Kijun.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.