I recently went long on this pair with an entry @ 1.03118 with 2 positions. Sold one at TP2. Looking to re-enter and go long at the pullback around 1.04360. I expect some degree of consolidation before resuming its rally again.
Note
Good hedge for intradayNote
Trade the breakout of flag patternNote
Horizontal levels drawn as guideNote
Buy limit on chart Note
Buy limit @ 1.05090 filledNote
SL for 2nd position moved to b/e (1.05090)Note
This pair has rallied again - creating a new swing highNote
TP1 target reached @ 1.06130Note
moved SL to 1.05570Note
Added another position @ 1.60000Note
*1.06000Note
Positions @ entry1. 1.03118 TS @ 1.05090 (198 pips)
2. 1.05090 (stopped at b/e) (0)
3. re-entered @ 1.05143 TS @ 1.05761 (62 pips)
4. 1.06000 TS @ 1.05761 (-25 pips)
Note
Note
Closed trade @ 1.059531.03118 (283 pips)
1.05143 (78 pips)
1.06000 (-7 pips)
354 pips
Trade closed manually
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Related publications
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.