RenkoBuddy

GBP/AUD 4H STRATEGY JAN 17 FORECAST

Long
FX:GBPAUD   British Pound / Australian Dollar
GBPAUD - LONG ORDER

New Year, New motives: Aiming for an emotionless trading year.
- Money Management
- Strategy Play
- Discipline
- Patience

GBPAUD: SETUP
- Waiting for MA40 to cross back above MA60 whilst above MA100 for long orders.
- MA40 to test for support again.

Rules: Long
1. MA40 above MA60 whilst above MA100
2. Price must cross MA40 from below
3. Test MA40 for support
4. Create bullish 4H candle after test of support

Entry: Enter Long on close of 4H Bullish candle
SL: Set below Bullish 4H conformation candle
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