GBPAUD Another Buy Opportunity On GBPAUD

After a successful buy setup (link on the chart) we have another buy opportunity in GBPAUD after price retraced and tested the lower quartile of a rising slope median line set.

Stoploss and profit targets as shown at the chart. If price reaches the first target we move stoploss to BE at second position

Trade closed: target reached:

We may now move stoploss at second position to BE for a risk free trade. I expect price to pullback at the median line and shoot up again reaching our second profit target.

We also have another open risk free position from a previous buy setup. Here is the link:

Comment:

Second target reached with more than 160 pips profit :)

Trade closed: target reached:

Second target reached with more than 160 pips profit :)