JallenForex

EURAUD | Long trade opportunity

Long
FX:EURAUD   Euro / Australian Dollar
Here we have a low risk trade opportunity presented to us on EURAUD .

Price has broken above a descending trend line & is retesting the trend line from the other side as support.

Long trades would be closed upon a bullish hourly candle close & a stop loss would be placed tight below the trend line .

We will post updates as this trade progresses.
Trade closed: stop reached: Stop loss hit after a 50 pip rise. hopefully you took some profits!