FullTimeTrader
Long

GBPAUD-one more long idea-along with the D1 trend

FX:GBPAUD   British Pound / Australian Dollar
1049 18 19
Market gives us opportunities in both directions, why not to take advantage of that?

I know some traders are strictly trend followers, this idea could be interesting for them.

Looking on D1 chart we see price near the ema 55 level and strong structure:



Here on H4 chart:

AB=CD pattern

bullish cypher already filled

possible triangle unfolding

As always my recomendation, choose only one prefered GBP pair idea.

Best regards.
What is your longterm bearish targets for this pair. Am going again with the .38 fib....any reasons you got we can go longer?
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ImoneyCorp ImoneyCorp
I only have .922 and from there I see it going up again to it's end target upward....
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hello sir and many many thanks about this chart because i was buying at 2.1620 so no it gives me big relief ,sir if first target hit then can i wait for next target or out with little profit please if u give me suggestion
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imtiaz.ahmad imtiaz.ahmad
no=now
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FullTimeTrader imtiaz.ahmad
when first target is hit, move Stop loss to breakeven and wait for the second target risk-free
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imtiaz.ahmad FullTimeTrader
thanks sir
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marcus123 FullTimeTrader
nice first target hit!
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Another bulls eye! great trade!
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Hello, lets wait, right now we have nothing until first target is reached. Regards.
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nahidik FullTimeTrader
Sorry I was looking at a different trade of yours on the other screen and got the two mixed up. I have confidence this will be a good one as well.
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