GBPAUD Pulls Back to Support

FX:GBPAUD   British Pound / Australian Dollar
23 0 0
GBPAUD             pulls back to the 50 SMA , and to the 50% Fibonacci retracement from a recent swing low to swing high. Price is also above the 200 EMA . I found these factors, as well as the general behavior of the candlesticks on the daily and 4 hour timeframes, enough to warrant taking the risk here to put on a trade. I'm set to go long at 8020, with my stop at 7970 and my target profit at 8300. I'm risking 50 pips to gain 280, for a reward/risk of 5.6.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out