GBPAUD TRADE IDEA POTENTIAL 200-300 Pips
What’s Up Forex Community...
Been a long time, however #ForexFargo checking back in.
Analysis is on #GBPAUD today.
Will Be Looking For Long as long as...
Holds as Support Zone
Wait for Price Action confirmation
Price has potential to stop hunt & wick off @ A Daily Low level of 1.80550ish for Premium Entries (aggressive)
Wait for 1hr closure above zone for solid confirmation (conservative)
Potential 200-300 Pip Reward
Potential Entries would be @ 1.80550-181250
Waiting to see what AUD news does later in terms of creating potential stop hunts and getting better entries at a institutional level if possible.
If price doesn’t make it down to my projected area, then I will look to enter this trade as price enters my zone marked as a conservative approach with less risk involved.
Been a long time, however #ForexFargo checking back in.
Analysis is on #GBPAUD today.
Will Be Looking For Long as long as...
Holds as Support Zone
Wait for Price Action confirmation
Price has potential to stop hunt & wick off @ A Daily Low level of 1.80550ish for Premium Entries (aggressive)
Wait for 1hr closure above zone for solid confirmation (conservative)
Potential 200-300 Pip Reward
Potential Entries would be @ 1.80550-181250
Waiting to see what AUD news does later in terms of creating potential stop hunts and getting better entries at a institutional level if possible.
If price doesn’t make it down to my projected area, then I will look to enter this trade as price enters my zone marked as a conservative approach with less risk involved.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.