Hamidmiah_
Long

GBPAUD - Possible Range trade

FX:GBPAUD   British Pound/Australian Dollar
102 1 5
long position under way, deeply oversold RSI , support regions of channel, awaiting retracements.Wait for price action             and candlestick formation to signify reversals eg Doji and such, after breaking structure ( where market entry placed).
very tight stops.
Position adjusted for 80+ pip close, only due to reversal underway and bear trend so momentum could not continue to .618
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