EURAUD - BOOM! 450pip Target Hit! What's Next?
In our last analysis we identified a perfect breakout trade. We explained exactly how to enter - both risk entry and safe entry depending on your appetite. Setup played out perfectly resulting in a massive 450pip gain!
What we now have is a typical correction before the next breakout. We could create a complex abc correction so if looking to trade the next breakout, just be wary that we may reject the recent highs and then come down once again to complete the complex correction.
Trade Idea:
- Watch for the next breakout
- Risk entry on bounce off fib levels
- Safe entry on break of the red trendline
- Target the recent highs as first targets and breakeven (350pips), longer term target 1.7 (700pips)
Goodluck and as always, trade safe!
See our previous setup below.
What we now have is a typical correction before the next breakout. We could create a complex abc correction so if looking to trade the next breakout, just be wary that we may reject the recent highs and then come down once again to complete the complex correction.
Trade Idea:
- Watch for the next breakout
- Risk entry on bounce off fib levels
- Safe entry on break of the red trendline
- Target the recent highs as first targets and breakeven (350pips), longer term target 1.7 (700pips)
Goodluck and as always, trade safe!
See our previous setup below.
Want more chart ups like this? Click the links below:
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
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Want more chart ups like this? Click the links below:
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。