[B]AUDUSD 4H[/B]
Long or Short: LONG
Entry Point: 1.0680
Stop Loss: 1.0610
Profit Target/s: 1.0830
Reward-to-risk Ratio: 70 pips vs 150 pips (over 2:1)
Risk percentage: 1%
Indicators: 100SMA (red line)
Trade Rationale: trade is consistent with the long term uptrend, support should hold at the 100SMA or the 1.0680 level (S|R)
Trade Adjustments: as always, i’m moving my stop to BE when im up by 70 pips (same distance as my SL).
