Technician
Long

GBPAUD Attractive risk-reward long #forex

FX:GBPAUD   British Pound/Australian Dollar
3147 9 135
As long as the flash crash low for GBPAUD             (1.5840) is intact I see an upside bounce. The risk-reward at current levels is very attractive and that makes this trade worth considering.

  • The price is about to form a hammer candle at this major low.
  • A break above 1.6110 imenninet resistance may give further confirmation to the rebound scenario.

This is my personal view, please trade your own.

Remember,
-Learn, practice, plan, then trade..
-Never risk more than 5% of your capital on a single trade
Best regards,
Technician
My trading ideas channel https://telegram.me/technician_forex_trades
https://thefxchannel.com
Skype: Technician - The forex channel
you certainly caught this one just right!
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Thanks mates, good luck.
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The first day worked! lets see the second and so on
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I scalped the initial reversal earlier today, and now i'm in it for the swing!
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Nice I am already in the trade with profit.Thanks bro.
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Nice, I am already in trade
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Nice T.A.. Big trend could be coming
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sound good
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