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
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.