GBPAUD SS Short + 107 Pip Potential
Updated
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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