hello, I'm beginner still need much learn.
GBPAUD, barely in still range in short time. But, I think it will (almost) break the structure on lower timeframe.
If it close above purple line, wait 1 candle more to confirmation. If the candle want to going leave the 1.830 levels, I guess price will rise up.
The area box its 50-61.8 fib level. I think it will reverse on those area then retest the 1.830 levels.
If break like I've been said above, price will go higher.
If you want to less risk, you can wait till price confirm break 1.830 levels.
if you want a higher risk(for sure higher profit), you can wait price action confirmation in the purple box area.
This just my ideas, I dont advice to 100% trust my ideas haha cause Im beginner.
Ok, thanks for your time to read my ideas.
Feel free to sharing ideas or comment below! I will really appreciate!
Wish good trade for us! cheers!
GBPAUD, barely in still range in short time. But, I think it will (almost) break the structure on lower timeframe.
If it close above purple line, wait 1 candle more to confirmation. If the candle want to going leave the 1.830 levels, I guess price will rise up.
The area box its 50-61.8 fib level. I think it will reverse on those area then retest the 1.830 levels.
If break like I've been said above, price will go higher.
If you want to less risk, you can wait till price confirm break 1.830 levels.
if you want a higher risk(for sure higher profit), you can wait price action confirmation in the purple box area.
This just my ideas, I dont advice to 100% trust my ideas haha cause Im beginner.
Ok, thanks for your time to read my ideas.
Feel free to sharing ideas or comment below! I will really appreciate!
Wish good trade for us! cheers!
Trade active:
got on price 1.8216
wish me luck!:)
wish me luck!:)
Trade closed manually
Comment:
my ideas works well now.
but the spike of fomc hit my sl, honestly I have tight SL.
its okay :)
but the spike of fomc hit my sl, honestly I have tight SL.
its okay :)
but fomc I guess, and I didnt notice it:(
so sad.