Hello traders !
Do you believe in geometry in trading ?
I've been testing and back testing this strategy and its been working preety nice !
A strong EUR, against a disapointing AUD.
The bullish EUR momentum has come to stay.
I do believe the pair will reach its previous daily high at 1.62567, so I will be looking for LONG positions only.
For now, I will be targeting 100 PIPs in this trade, with only 30 PIPs of stop loss.
I will wait for the right opportunity .
Feel free to use this idea yourself.
I will keep you all updated anyways.