GBPAUD News Trade + 100 Pip Potential
We had a good push up on the GBP pairs on Surprise Brexit news and this pair has now gone into a consolidation between 1.85311 (High) and 1.85076 (Low). Moreover, it is now Above the Daily 60 and 15 clouds, as well as the Daily KS, 60 KS and 15 KS
Entry = 1.8509
Stop = 1.8489
Risk = 20 pips
Profit target = 1.8609
Reward = 100 Pips
RRR = 5-1
Entry = 1.8509
Stop = 1.8489
Risk = 20 pips
Profit target = 1.8609
Reward = 100 Pips
RRR = 5-1
Trade active
This trade has been triggered and is now Active :)Trade active
UK Prime Minister May will be speaking at 100 am est. (a little more than an hour from now) I will be closing my positions ahead of that speech as all sanity might be lost in the market...Note
Also to be clear, since the market has made a new high, you can no longer enter this trade if it falls back to 1.8509Trade closed manually
As mentioned above, PM May is set to speak at 11am Est. I am closing here +20.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.