Got stopped out yesterday after the mighty green shoot, I hope today it won't be the same scenario.
Pound has stabilized and in consolidation since yesterday's boost, which I believe it gives enough opportunity for GBPAUD - consolidate a bit, and then going down a bit to at least TP2.
trailing stop. Like stated - going down just "a bit" :) If it falls, it falls hard and we can catch at TP2 and further, however, TP1 is the goal and be grateful for not losing money.
If you have missed the first drop entry, don't entry (or enter at your own risk), as it may bounce
SL: based on historical supply zone on weekly chart.
TP: Fib lines based on past weekly and daily highs/lows.
GL.
Pound has stabilized and in consolidation since yesterday's boost, which I believe it gives enough opportunity for GBPAUD - consolidate a bit, and then going down a bit to at least TP2.
trailing stop. Like stated - going down just "a bit" :) If it falls, it falls hard and we can catch at TP2 and further, however, TP1 is the goal and be grateful for not losing money.
If you have missed the first drop entry, don't entry (or enter at your own risk), as it may bounce
SL: based on historical supply zone on weekly chart.
TP: Fib lines based on past weekly and daily highs/lows.
GL.
