Another breakout idea, this time on EURAUD. Volatility could increase due to the upcoming news for the euro.
We will try to catch a possible strong down-movement, placing a sell stop entry order right below last very important swing low.
Stop loss above the level and take profit right above the important level 1.61.
We will try to catch a possible strong down-movement, placing a sell stop entry order right below last very important swing low.
Stop loss above the level and take profit right above the important level 1.61.
Order cancelled
Trade cancelled because too close to the entry right before the news. I don't want to open the trade and then see what happens with the news, having a kind of 50-50 situation only based on the news.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Find out more at itstradingtime.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.