EURAUD - 4H/30m - 4H possible Bullish run to a new HH ---
Actualizado
30m already broke structure and formed the first HH, which we have been waiting since last week for it.
Trade on a short term and long term are bullish but there are technical points we must consider that might go against our trade, 1- 4H previous sellers momenutm is quite heavy so this countertrend is risky (that is why we set our SL at more than 70 pips) 2. we do have some resistance zone ahead of our trade which in any case we find aggressive sellers, we might TP our trade early BUT...
But if our position is followed by a good momentum then we could stack our trades and open more positions.
Trade on a short term and long term are bullish but there are technical points we must consider that might go against our trade, 1- 4H previous sellers momenutm is quite heavy so this countertrend is risky (that is why we set our SL at more than 70 pips) 2. we do have some resistance zone ahead of our trade which in any case we find aggressive sellers, we might TP our trade early BUT...
But if our position is followed by a good momentum then we could stack our trades and open more positions.
Nota
Another buy opportunity. stacking my EA trade. second trade is only 0.5% risk and the reward just above 1%.First trade was around 1.5% risk with 2.4:1 (RATIO)
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