informedtrades
Long

Double Doji At Support Emerging on GBPAUD

FX:GBPAUD   British Pound / Australian Dollar
65 0 0
Today's candle is not yet complete, but as of now, it appears there is a double doji shaping up on the daily candle. Moreover, this is occurring at support in an uptrend. As such, I put in an entry order to go long at 8530, with my stop at 8285 (just below the lows of the double doji ) and my target profit at 8620. I'm risking 65 pips to gain 270, which gives me a reward/risk ratio of about 3.176.

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