GBP/AUD 30M - Again this is another market that has played out really well for us, this was the trade we took on Friday and as you can see we have had great bearishness being put into this market with very little resistance.
I want to see a continuation in this strength to the downside right the way threw to our take profit target, I believe this is more than achievable and as we are seeing protected lows from the previous bullishness break.
This trade is currently running + 77 pips (+ 2%) 2RR
Likewise with this pair there are two areas of interest I feel price could trade up and into before taking us lower again in this market, as we know price has to correct itself in between each impulse. Finding areas for these corrections to conclude is great as it allows additional entries.
Well done to those who jumped in on this one as well, any questions with regards to the trade or the analysis on this pair, drop me a message or comment below and I will get back to you as soon as possible.
I want to see a continuation in this strength to the downside right the way threw to our take profit target, I believe this is more than achievable and as we are seeing protected lows from the previous bullishness break.
This trade is currently running + 77 pips (+ 2%) 2RR
Likewise with this pair there are two areas of interest I feel price could trade up and into before taking us lower again in this market, as we know price has to correct itself in between each impulse. Finding areas for these corrections to conclude is great as it allows additional entries.
Well done to those who jumped in on this one as well, any questions with regards to the trade or the analysis on this pair, drop me a message or comment below and I will get back to you as soon as possible.