EURAUD LONG 4 HR BREAK AND RETEST TRADE SETUP

Hi Everyone:

A great reward risk trade on EURAUD LONG, as the 4 hr chart break above the short term
resistance trendline, looking for a retest @ 1.4000 area, 50 EMA, 0.382 fibs to go long.

Target 1: 1.4100 (1,6% Profit)
Target 2: 1.4260 (4.8% Profit)

Thank you for your support and feedback.

Trade: #37
Date: 03/17/2017
Time: 06:00 GMT

Trade attivo:

Trade chiuso: stop raggiunto:

Result: 1% loss

Date: 03/17/2017
Time: 10:00 GMT

Price broke below the support of 50 EMA, 0.382 fibs, strong horizontal line @1.4000 for 1% loss.