$$$ EURAUD H4 Buy Setup [Closed]

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PublishedJan 15, 2023, 6:08 PM EST

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EURAUD H4 Buy Setup [Closed]





EURAUD H4 BUY ⮙
Jan 15, 2023 6:08 PM EST
ENTRY: 1.5466
SL: 1.5410 (-56 Pips)
TP1: 1.5530 (+64 Pips) (1.14 : 1 RR)
TP2: 1.5568 (+102 Pips) (1.82 : 1 RR)
TP3: 1.5596 (+130 Pips) (2.32 : 1 RR)
CLOSED - NO TRADE ENTRY
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Not a recommendation or financial advice.
Use this information at your own risk!


EURAUD Buy setup after price retraces to a demand zone within the Fibonacci 61.8%-78.6% levels.

Profit objective at the next encountered supply zone.

Reduce risk after clearing 50% Fibonacci level and take some profits off the table at TP1.

01.16.2023 11:03 AM EST Update:

Price came within 19 pips of the entry but no entry has been triggered yet.
 

01.16.2023 4:45 PM EST Update:

Price has reached TP2 and still no entry triggered. If price reaches TP3 without an entry this trade setup will be closed for re-evaluation.



01.17.2023 5:43 AM EST Final Update:

Price reached TP3 without giving us an entry. The is a Non-Trade and the setup is closed. 


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