Success!
'Continue reading' to see what happened
Entered long on AUDCAD on a retrace of the bullish outside bar/candle (BUOB) of Tuesday, September 14.
But I did not enter on Wednesday, rather I entered on Thursday after price action tested and rejected both the 0.96 “big round number” and the bullish trend line.
Snapped the thumbnail on right the next day (Friday).
Set stop loss originally ten pips below the BUOB. And moved it up as the trade progressed.
Set a modest first profit target for half my position based on a 61.8 Fibonacci enhancement level, which was taken out on Friday.
Let the rest of my position run. See the full graph below to see what happened!
Continue reading “Pleasing Execution, Result on AUDCAD Long Trade”
