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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