panjikadar

EURAUD 1H Short Trade - 1:3 RRR

Short
panjikadar Aktualisiert   
OANDA:EURAUD   Euro / Australischer Dollar
SL: 1.64973
TP: 1.62000

In this trading strategy, we present a compelling opportunity for a long position on the EURAUD currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals, traders can aim to achieve a favorable risk-to-reward ratio of 1:3.

Indicators:

EMA200: The EMA200 serves as a critical indicator of the long-term trend direction.

MACD Trend: The MACD indicator helps traders assess the strength and direction of the trend.

Supertrend: The Supertrend indicator acts as a reliable tool for identifying entry points in alignment with the prevailing trend.
Kommentar:
SL moved to entry point. it's now a risk-free trade
Kommentar:
2/3 way to TP! thanks to the news
Kommentar:
still downtrend in the long run, not sure if it's going to reach SL on the entry point. at least it will be break even if so.
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.