Sascha_Gogolin
Long

GBP/AUD - Possible short term reversal on HTF with LTF entry

FX:GBPAUD   British Pound/Australian Dollar
On the daily chart price has been bulish 7 out of 8 days and if bulls are able to remain in control a move towards 1.7750 is very likely in my opinion. I am looking to benefit from such a move with a lower time frame entry. Looking to go long from the 1.7250 area with my primary target just shy of 1.74 and my secondary target at 1.7750.
Trade closed: target reached: First target reached!
great idea going well.thx.30,08
Reply
Thanks. Yes, looked good but bulls got a bit tired. Good chance they will make another attack now after the pullback towards 1.7750.
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