AUDUSD (4H) : Trapped shorts exiting => LONG

Trapped shorts will now exit, giving us a long entry.

Trade active

1R reached, took 50% off. Trade is now risk free.

Note

Will move SL to breakeven at 2R

Note

2R hit, SL to breakeven, Removed further 25% from the trade.
Profit in trade = 1R

Note

Price seems to be stalling. Moved SL up to 1R. Confirmed profit = 1.2R

Note

Price is teasing us at this time, waiting for it to hit 3R.

Note

3R hit. Captured 1.6R profit. SL at breakeven. Waiting for price to move forward.

makuchaku

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makuchaku