Paul_K

GBPAUD - Breakout of the Wedge

Long
Paul_K Updated   
FX:GBPAUD   British Pound / Australian Dollar
6
Hey Guys, for you who are not in the long position yet there is quite an interesting opportunity to buy on breakout. I am already in the market and usually do not add to a trade. But I just wanted to let you know about this trade. There is still big opportunity for profit if the breakout will work. It is a long-term strong situation - potential target 1,66 or much higher according to the price action. More in prior post..
Comment:
For you who are in the position there is possibility to move stoploss under yesterday low and wait for other price action in almost no loss trade.
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