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UnknownUnicorn882198
Apr 15, 2021 7:32 AM

Buy GBPAUD RR 12.36 83% Probability Long

British Pound/Australian DollarFXCM

Description

GBPAUD has an 83% chance of reaching the 1.8088 level. The invalidation level is 1.7725. I am looking for possible entry levels based on smart money support levels. I am waiting for bullish structure formation on 15min to confirm a bounce from 1.7800 levels. A break up above 1.7824 would confirm this scenario and trigger a buy entry.
Comments
Aeternum
Been looking for some upside here as well because its overbought but your 83% probability seems like it just got crushed.
UnknownUnicorn882198
@Aeternum, The invalidation level is 1.7725 for the 83%
Aeternum
@DaytradeWM, I see. Cause your stop loss doesn't say 1.7725, but I'll be looking for some up moves right about now, seems to be getting more oversold as times passes.
UnknownUnicorn882198
@Aeternum,It says in the description invalidation level 1.7725
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