Hello,
GBPAUD is trading at 1.692 level right now. If we look at the daily chart, we can see that GBPAUD bounced off 6 times in October at 1.7 level. We were waiting for an entry closer to 1.7 level but it stopped at 1.696 before moving back down to the current level.
Entry 1.692
SL 1.701 - 90pips
TP 1.68 - 121pips
Risk and reward is not as great as the other trades, but it is worth trying and we expect this level to be hit in the next couple of days.
GBPAUD is trading at 1.692 level right now. If we look at the daily chart, we can see that GBPAUD bounced off 6 times in October at 1.7 level. We were waiting for an entry closer to 1.7 level but it stopped at 1.696 before moving back down to the current level.
Entry 1.692
SL 1.701 - 90pips
TP 1.68 - 121pips
Risk and reward is not as great as the other trades, but it is worth trying and we expect this level to be hit in the next couple of days.
Trade closed: stop reached