GBPAUD has broken above a major trendline and transitioned into an uptrend. An optimal entry point would be upon an increase in volume, with a stop-loss placed below the trendline at the 1.75200 level.
Comment:
That was an intense market, luckily, the order didn't get stop out.
Trade closed: target reached:
Target reached, love it.
Comment:
Although the EURUSD trade didn't yield the desired results, the GBPAUD trade provided substantial profits that not only compensated for the loss, but also resulted in an overall gain of 1% this week.