EURAUD Swing Trade Recap: 916 Pips Secured

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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

Feragatname

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