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
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.