GBP/AUD LONG TERM SETUP
Updated
Hello traders, this is Kenmi.
I'd like to share some insights on
GBPAUD, where we are currently observing strong bullish potential.
1D Timeframe - Bullish
Forming higher highs (HH) and higher lows (HL)
IDM (Inducement) successfully swept
Decisional OB (Order Block) mitigated
1H Timeframe - Bullish
Transitioned from a bearish market structure to a bullish one
IDM was taken out, although it was not necessary
Filled the decisional OB
Successfully mitigated extreme OB
5MIN - Bullish
Shifted the market structure from bearish to bullish
IDM has been taken out
Focused solely on mitigating extreme OB
This revised version provides a clearer and more concise presentation of the key points for traders to understand the bullish momentum onGBPAUD across different timeframes.
SAFER STOP LOSS LEVEL:1.94136
Please be aware that trading carries significant risks and can become addictive. It's essential to exercise caution and never invest more than you can afford to lose. Remember, entering signals should be approached with careful consideration of the potential risks involved. Your financial well-being should always be a top priority when engaging in trading activities.
I'd like to share some insights on
GBPAUD, where we are currently observing strong bullish potential.1D Timeframe - Bullish
Forming higher highs (HH) and higher lows (HL)
IDM (Inducement) successfully swept
Decisional OB (Order Block) mitigated
1H Timeframe - Bullish
Transitioned from a bearish market structure to a bullish one
IDM was taken out, although it was not necessary
Filled the decisional OB
Successfully mitigated extreme OB
5MIN - Bullish
Shifted the market structure from bearish to bullish
IDM has been taken out
Focused solely on mitigating extreme OB
This revised version provides a clearer and more concise presentation of the key points for traders to understand the bullish momentum on
GBPAUD across different timeframes.SAFER STOP LOSS LEVEL:1.94136
Please be aware that trading carries significant risks and can become addictive. It's essential to exercise caution and never invest more than you can afford to lose. Remember, entering signals should be approached with careful consideration of the potential risks involved. Your financial well-being should always be a top priority when engaging in trading activities.
Trade active
First Stop Loss level been taken,but SAFER STOP LOSS LEVEL:1.94136 is clearTrade closed: target reached
TARGET 1 RECHED +70 PIPS IN PROFITNote
BOOOOOOM TARGET 2 REACHED +223 PIPS IN PROFIT
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