The price action moved the GBPAUD inside the demand area so the buy orders made it spike up. It is ok, nothing wrong with it. I am still selling since 2.1998. If the price will have a new swing I think to sell more in the new fresh supply level.
In the chart are visible some potential entry points for sell trades.
My target is still 2.12, but watching the weekly chart, for the moment the trend is bearish in this correction so having the Patience to wait and a clear Trading Plan larger profits can arrive by selling.
Let see what will happen. I am keeping my sell trade to reach a huge profit.
Very Well .. the first 2 potential entries in the trading idea were reached by the volatility of today for the NFP.
Comment
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GBPAUD is following the Trading Plan. My Final Target is still 2.12
Trade closed: target reached
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I closed the Sell Trade to 2.1268 with +730 pips of profit. Later, following the Trading Plan, I taking in consideration a buy trade deep in the demand level.