GBPAUD Short (SIGNAL)
Updated
My view/signal of GBPAUD. Potential short opportunity.
I’m expecting the price to come back up to MRA (Major Resistance Area) 1.89535, where my entry is. Stop Loss is above highest wick (1.89824). Stop Loss is at 1.89840. TP1 is at a MPBA (Major Pullback Area) 1.88350. TP 2 is valid if we break PBA 1 at 1.87547.
PARAMETERS
- Entry: 1.89535
- SL: 1.89840
- TP 1: 1.88350
- TP 2: 1.87547
KEY NOTES
- Price could get back to the MRA.
- TP1 is at a MPBA (Major Pullback Area) 1.88350.
- TP 2 is valid if we break 1.87547 (PBA 1).
Happy trading!
I’m expecting the price to come back up to MRA (Major Resistance Area) 1.89535, where my entry is. Stop Loss is above highest wick (1.89824). Stop Loss is at 1.89840. TP1 is at a MPBA (Major Pullback Area) 1.88350. TP 2 is valid if we break PBA 1 at 1.87547.
PARAMETERS
- Entry: 1.89535
- SL: 1.89840
- TP 1: 1.88350
- TP 2: 1.87547
KEY NOTES
- Price could get back to the MRA.
- TP1 is at a MPBA (Major Pullback Area) 1.88350.
- TP 2 is valid if we break 1.87547 (PBA 1).
Happy trading!
Trade closed: target reached
Take profit 1 reached.Trade closed: target reached
Take profit 2 reached.
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