Areas in which I am looking for support on GBPAUD
Updated
I'm planning on longing this pair when/if price moves to 1.80 and 1.765. If price makes it to either of these areas, then I will be looking for bull candles on the daily time frame. If I get bull candles, I will move to the 1H time frame and place buy limit orders at previous market levels.
Comment
Many bull candles found on the daily time frame.Comment
Levels in which buy limit orders are placed. Stops below levels. 1/4% risk per trade. Comment
Crushing stops right now.Comment
Bull candle posted on daily time frame.Comment
Rough look at entries and stop losses on 1H time frame.Related publications
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