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traddictiv
May 6, 2019 8:18 AM

GBPAUD Daily AutoUFOs™ Trade Alert! 06 May 2019 Long

GBP/AUDOANDA

Description

Execution:
Buy Limit @ 1.8625
Protective Stop Loss @ 1.8550
Take Profit @ 1.8775
Rationale:
Buy Un-Filled Orders (Green UFO ) available in the Daily time-frame
Sell Un-Filled Orders (Red UFO ) further above allowing for the current trend to continue developing
Boosting Options:
Higher time-frame moving average values or Fibonacci retracements coinciding with the entry price
Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
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