GBPAUD SS Short + 107 Pip Potential
Price is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.8283
Stop = 1.8303
Risk = 20 pips
Profit target = 1.8176 ( The projected daily low )
Reward = 107
RRR = 5.35 -1
2nd Entry = 1.8251
Stop = 1.8281
Risk = 30 pips
Profit target = 1.8176 ( The projected daily low )
Reward = 75
RRR = 2.5 - 1
2 Potential entries (it is one or the other, not both)
Entry = 1.8283
Stop = 1.8303
Risk = 20 pips
Profit target = 1.8176 ( The projected daily low )
Reward = 107
RRR = 5.35 -1
2nd Entry = 1.8251
Stop = 1.8281
Risk = 30 pips
Profit target = 1.8176 ( The projected daily low )
Reward = 75
RRR = 2.5 - 1
Trade active
This trade has been triggered and is now Active :)Trade active
The GBP pairs are mixed today . Surprisingly, this pair has remained near the top of the range. It is currently +8 pips and a conservative approach would be to close here and call it a dayTrade active
Personally, I will give it a little more time to make move down.Trade closed manually
It is having a tough time closing below the 15 KS, I will take my 6 pip profit and call it a day :)
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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.