EURAUD Unemployment News tonigh, watch for a breakout.
Pair is still trending up so I will only be in buy positions.
Entry if northern break:
Look for a break above channel (buy stop 10 pips above channel or current price at news release)
Entry if southern break:
1. Bottom of channel @ 1.6441
2. Past support @ 1.6420
Remember risk management.
Good luck trading! Please help like my free analysis ideas so it can benefit more people.
Let me know if I can help in any way!
Charles V
ww.cvfxmanagement.com
Trading made simple.
Pair is still trending up so I will only be in buy positions.
Entry if northern break:
Look for a break above channel (buy stop 10 pips above channel or current price at news release)
Entry if southern break:
1. Bottom of channel @ 1.6441
2. Past support @ 1.6420
Remember risk management.
Good luck trading! Please help like my free analysis ideas so it can benefit more people.
Let me know if I can help in any way!
Charles V
ww.cvfxmanagement.com
Trading made simple.
Comment:
I am currently at a buy at break and will add if it retraces. Direction is still upwards to at least 1.6500 handle.
Comment:
Pending Trade at bottom of channel hit. Remember risk management. Taking positions at only 1% of my account
Comment:
All trades closed at 7%, will reenter on retrace on smaller timeframe.