TYPE : Swing – Oversold level
Maximum risk now : -2,13%
Time frame signal : Daily
EUR/AUD is winning 268 pips in 4 four days. Objetive is the upper Bollinger Band. The majority of profitable trades reach his objetive price in two impulses. Very few trades reach it directly in just one impulse, but hopefully maybe this one do it in just one. Weekly chart still show upward vias on Momentum indicator so we are in tune with the main trend. Let us see if can reach 80 pips more to get objetive.
Initially stop loss is always set at a maximum loss of 2,50% of balance account. Then, day after day, the trailing stop will be rising to minimize possible losses. Maximum we can loss now is -2.13%.
Maximum risk now : -2,13%
Time frame signal : Daily
EUR/AUD is winning 268 pips in 4 four days. Objetive is the upper Bollinger Band. The majority of profitable trades reach his objetive price in two impulses. Very few trades reach it directly in just one impulse, but hopefully maybe this one do it in just one. Weekly chart still show upward vias on Momentum indicator so we are in tune with the main trend. Let us see if can reach 80 pips more to get objetive.
Initially stop loss is always set at a maximum loss of 2,50% of balance account. Then, day after day, the trailing stop will be rising to minimize possible losses. Maximum we can loss now is -2.13%.