EURAUD 4 hour
Long or Short: long
Entry Point: 1.3555
Stop Loss: 1.3475
Profit Target/s: 1.3655 and 1.4000
Reward-to-risk Ratio: 3.4:1
Risk percentage: 1%
Indicators used: stochastic
Trade Rationale: potential double bottom on 4-hour chart, with bullish divergence forming as well. buy above break on potential positive reaction to EU summit, aiming for recent support / resistance levels.
Trade Adjustments: move stop to BE once 1st target (1.3655) is hit.