Update 2: Target reached.
Profit= 2x$8x69= $1104
Balance= $29104
Update: Moved stop to breakeven.
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Trade 21: Long AUDNZD @1.0918
Trade Status: Active
S.L 1.0880
Tgt 1.0987
Exceptionally, this trade will have one target.
Balance= $28 000 Position size = 2 lot ~ 2.5% risk of capital
===========================================================================
Reasoning
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Technician
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Profit= 2x$8x69= $1104
Balance= $29104
Update: Moved stop to breakeven.
===========================================================================
Trade 21: Long AUDNZD @1.0918
Trade Status: Active
S.L 1.0880
Tgt 1.0987
Exceptionally, this trade will have one target.
Balance= $28 000 Position size = 2 lot ~ 2.5% risk of capital
===========================================================================
Reasoning
- 1.272 extenstion for latest bullish wave is acting as support.
- Multiple Pin bars
Don't forget to click the Thumbs Up
Wish me luck and best of luck for everyone.
For Trades rules and guidelines follow this link
My best regards
Technician
Subscribe to my trading portal thefxchannel.com