TradingView
KibukCapital
Mar 13, 2024 6:43 AM

GBP/AUD SHORT IDEA 1:5 RR Short

GBP/AUDOANDA

Description

Market structure has been breaking down with LL and LH.
Market broken this trend line and we are retesting it just in time for London session. tested support area became resistance.
higher time frame we are at a supply area so when we break down to lower time frame we see a sell off.

Great risk to reward setup.
Comments
fankhan466
badluck
MOAZAM1133
????
MOAZAM1133
the news is come that is good impact on gbp so we close sell trade
KibukCapital
@shabeen111 the technicals held up well. Had market manipulation to take out sells but we are still holding the sells.
MOAZAM1133
@KibukCapital so we close on first target or wait
KibukCapital
That’s up to you. I’ll personally close 50% first target which is around 1.9275
More