EURAUD on the 1H time-frame.
Steps:
1. The price create the lower high and breakout the previous low to confirm the reversal pattern.
2. The price already hit the TP1 TP2 and it Is running to the TP3 at the support line and TP4 at 261.8.
3. The price still running in the parallel channel of downtrend.
4. TP3: 1.61541 and TP4: 1.60809
5. Trailing stop is using with this strategy.
Steps:
1. The price create the lower high and breakout the previous low to confirm the reversal pattern.
2. The price already hit the TP1 TP2 and it Is running to the TP3 at the support line and TP4 at 261.8.
3. The price still running in the parallel channel of downtrend.
4. TP3: 1.61541 and TP4: 1.60809
5. Trailing stop is using with this strategy.