GBPAUD MA Short + 83 Pip Potential
Although I am not keen on taking trades as the London session is coming to a close, I think we can take advantage of a pullback after this morning strong move down.
Entry = 1.8577
Stop = 1.8597
Risk = 20 pips
Profit target = 1.8494 The projected Daily KS and Senkou A confluence
Reward = + 83
RRR = 4-1
** for my Peeps from Apiary be aware, and take the appropriate precautions, that the spreads will widen significantly between 4pm est and 7pm est., If you take this trade make to account for it by widening your stop during that time and account for the risk protocols.
Entry = 1.8577
Stop = 1.8597
Risk = 20 pips
Profit target = 1.8494 The projected Daily KS and Senkou A confluence
Reward = + 83
RRR = 4-1
** for my Peeps from Apiary be aware, and take the appropriate precautions, that the spreads will widen significantly between 4pm est and 7pm est., If you take this trade make to account for it by widening your stop during that time and account for the risk protocols.
Trade active:
This trade has been triggered and is now active :)
Trade active:
Just a quick point, although I do expect this pair to push down to the profit target at 1.8494, it will have to break the prior low of 1.8520. Not a bad place to bank some profit.
Trade closed manually:
Trade closed flat in front of the AUD news