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EURAUD

DOUBLE TOP PATTERN SHOWING ON EURAUD IN DALY TIMEFRAME EURAUD SHOWING A GOOD UP MOVE WITH 1:5 RISK REWARD DUE TO THESE REASON A.DOUBLE TOP PATTERN SHOWING ON EURAUD its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
Long
by tradergyan01
EURAUD TARGET REACHEDIf you look at some previous posts, you will see EurAud was one of the trades I was in. And it paid off. Final target was reached on Wednesday just before the CPI news release on Nzd and overall this position made me +6% of profit. It was the right thing to close most of the position at high and then at marked area as if Nzd news would turn positive, the whole trend could reverse. All of 3 positions together had a potential hitting +9%, however, my risk is lower than 1% / trade usually. If you got into this with me, well done. T
Long
by Tilen_FX