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bree0318
Jan 18, 2018 10:25 AM

GBPAUD Long Idea Long

British Pound/Australian DollarFXCM

Description

I am looking at going long on this pair based on a few reasons
end of wave 4 ABC correction
market rejected at 61.8 % fibb level
impulsive move to the upside and shift in momentum
harmonic pattern

Trade active



Target 1 reached TP 1 160 pips from entry..
expect a small pullback before we go up further
move your Stop loss into profit or break even
protect your profit

Comment



Move your Stop Loss infront of your entry
this now becomes a risk free trade
target one hit ...
next target

Trade active



target 2 reached
trail your stop loss
protect your profit
......
waiting for target 3
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