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UnknownUnicorn772665
Aug 19, 2019 11:36 AM
GBPAUD Long Trade *FIBONACCI CLUSTERING*
Long
FX:GBPAUD
240
British Pound/Australian Dollar
FXCM
Description
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Aug 19, 2019 11:36 AM
Basic fib clustering technique combining multiple timeframe trend analysis to get high accuracy entries with a larger R:R.
Using the current 4hr bullish trend to enter a long trade on the ent higher low, Fib & TL bounce.
I am aiming for the target trend fib -0.27 extension to maximise reward:risk ratio.
Trade active
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Aug 20, 2019 2:32 PM
Comment
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Aug 20, 2019 2:32 PM
This trade is now risk free at +60 pips. Moved SL to entry
Trend Analysis
Chart Patterns
Wave Analysis
GBPAUD
GBP
aud
Fibonacci Retracement
Comments
M-G
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Aug 19, 2019 7:24 PM
Nice analysis Charlie, am on the same page in a different fashion. Its my watch of the week currently, looking at Silver as well. waiting for confirmation. Trade safe and well. :-))
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