EURAUD Swing Trade Recap: 916 Pips Secured 🚀
📌 Trade Overview:
Entry: 1.64185 (Feb 20, 2025)
Exit: 1.73345 (Mar 13, 2025)
Duration: 21 days
Pips Gained: 916 ✅
Stop Loss: 1.63136
📊 Why I Took the Trade:
Uptrend Confirmation 📈 – Higher highs & higher lows on the daily chart.
Oversold Conditions 🔄 – RSI signaled a potential bounce.
Bullish Pattern 🏆 – Symmetrical triangle breakout on the 4H chart.
🌍 Fundamental Factors:
Eurozone Strength 🇪🇺 – Steady growth & rising employment.
Australian Weakness 🇦🇺 – Market hit by U.S. tariffs & economic concerns.
📉 Why I Exited:
Key Resistance Zone ⚠️ – Price reached a major level at 1.7330.
Risk Management 🎯 – Locked in profits before potential reversal.
💡 Takeaway:
This trade combined strong technical signals with key fundamentals, leading to a high-probability setup. Exiting at resistance secured profits while keeping risk in check. 🔥
#Forex #EURAUD #SwingTrade #TradingStrategy #RiskManagement
📌 Trade Overview:
Entry: 1.64185 (Feb 20, 2025)
Exit: 1.73345 (Mar 13, 2025)
Duration: 21 days
Pips Gained: 916 ✅
Stop Loss: 1.63136
📊 Why I Took the Trade:
Uptrend Confirmation 📈 – Higher highs & higher lows on the daily chart.
Oversold Conditions 🔄 – RSI signaled a potential bounce.
Bullish Pattern 🏆 – Symmetrical triangle breakout on the 4H chart.
🌍 Fundamental Factors:
Eurozone Strength 🇪🇺 – Steady growth & rising employment.
Australian Weakness 🇦🇺 – Market hit by U.S. tariffs & economic concerns.
📉 Why I Exited:
Key Resistance Zone ⚠️ – Price reached a major level at 1.7330.
Risk Management 🎯 – Locked in profits before potential reversal.
💡 Takeaway:
This trade combined strong technical signals with key fundamentals, leading to a high-probability setup. Exiting at resistance secured profits while keeping risk in check. 🔥
#Forex #EURAUD #SwingTrade #TradingStrategy #RiskManagement
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.
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.