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irfaan4117
Dec 27, 2019 5:32 PM

GA longs Long

British Pound/Australian DollarFXCM

Description

Weekly rejection of psychological level of 1.87500
3rd touch of daily ascending TL
After 9 continuous bearish days for GA, a pullback to the upside is needed - price is stalling around CMP
LH on the 4hr downtrend has been breached and broken, and price is currently retesting this area to make it a support level.
SL is at a previous support around 50 Pips
TP is at a key liquidity zone.
R:R - 1:4.3
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