GBPAUD
I have tried this pair before and I got stopped a couple of times and others the trades went as planned. Due to the weekly conditions, I am hoping to catch a good entry this time. I wouldnt short just yet till some more data is created.
This is a long time trade for me as usual.
1.77xx entry
Stop loss should be set according to your comfortability.
Couple of exits and re-entries will be set for this trade.
my last attempt is shown below.
You know the deal. your money your choices.
Comment:
Targets were moved up due to strong upward push. I will post entries once the rally stalls.
Comment:
Unexpected strong crypto like pump and dump gave a nice entry point. A little late perhaps but I am still holding my shorts. Due to that event, now the dynamics of the trade will be totally different. Trade with caution.
i.imgur.com/NzDrBef.jpg
i.imgur.com/NzDrBef.jpg
Trade closed manually:
Don’t really like where it is sitting. 450 pips is good enough.
Trade active:
This pair is offering a new opportunity to trade. Trade with caution and us sl to what fits you best.