AUDUSD [Pending Long]

Long setup
- Buy Stop
- This is short retracement trade to the upside with overall still uptrend.
- Later on will see how price reaction at the TP2 zone might have chance to put a long term short.
- Setup will expire after 2 M15 candle if didn't trigger

Setup:
- Entry: 0.69135
- Stop: 0.68991
- TP1: 0.69359
- TP2: 0.69739
- TP1 reward: 1.56
- TP2 reward: 4.19

Trade active

I am at 08:45

Trade closed manually

First position 1:1 reward. This is risky trade. I manually closed position one at 1:1 risk reward. The remaining position I won't move stop therefore this is a risk free trade now.

Note

Might lost this setup.

Note

I will close TP1 if I was still in first position.

Trade closed: target reached

Original TP1 done

tradingfrog

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