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primetimefox
May 9, 2022 5:57 PM

Price balancing + trend continuation on GBPAUD Long

GBP/AUDOANDA

Description

In this example of a Monday trade taken during NY session, a price imbalance was printed on the charts. The focal point on the buy position taken was an anticipation of price balancing out, in addition to a continuation of the current uptrend. A risk/reward of 1:3 was displayed on this trade.
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