This week, due to an activity of the market, I decided to share with you a scalping trade that I took on EURAUD: The market was approaching a solid rising trend line on 4H. Our confirmation to buy from it was a double bottom formation on 1H time frame. Long position was opened on a retest.
The market quite quickly retested the broken neckline. The price bounced then, giving us 77 pips of a pure profit!
Did you catch this trade?
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