Hi Dear traders.
Here is my analysis on GBPAUD chart on H4 timeframe, based on supply and demand zone strategy. We expect a "SHORT" position in this moment and we should wait for the reaction of the chart under the resistance level.
TP/SL for this trade is approximately 2.3
Below are my tips for starting this position.
1)Trade at your own risk with proper lot sizing and follow your own trading plan
2)Risk management is always be the top priority
I appreciate your comments about this analysis.
Thank you all
Here is my analysis on GBPAUD chart on H4 timeframe, based on supply and demand zone strategy. We expect a "SHORT" position in this moment and we should wait for the reaction of the chart under the resistance level.
TP/SL for this trade is approximately 2.3
Below are my tips for starting this position.
1)Trade at your own risk with proper lot sizing and follow your own trading plan
2)Risk management is always be the top priority
I appreciate your comments about this analysis.
Thank you all