Trading Idea 011: GBPAUD
Updated
Market Conditions:
- bearish trend
- bearish sentiment in the market
Key Level and Lines:
- 1.74790 support
Trading Ideas:
- go short after a consolidation above the support
- go long if the price reverses from the support and the market shows bullish sentiment.
- bearish trend
- bearish sentiment in the market
Key Level and Lines:
- 1.74790 support
Trading Ideas:
- go short after a consolidation above the support
- go long if the price reverses from the support and the market shows bullish sentiment.
Note
Plan A worked! The price reached the 1st target = 1:3 r/r ratio.
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.