GBP/AUD - Test on extremely overbought levels
Updated
Hi friends our next opportunity that we would take a look is GBP/AUD , as of now the pair ended up reaching overbought levels above 100 in the RSI , on 1H and 4H time frames, so we would be testing out with a retracement pannel to the previous strong resistance level before acknowledging what would be the next move, previously on the up-side we had tremendeous success with this trade
Entry : 1.99200
Target 1: 1.98782
Target 2 : 1.97952
Stop loss : 1.99700
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!
Entry : 1.99200
Target 1: 1.98782
Target 2 : 1.97952
Stop loss : 1.99700
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!
Note
1st target SMASHED 🎯 🎯 🎯 ✅
0.10 volume in lot - 26.92$ gained profit ✅
0.50 volume in lot - 134.55$ gained profit ✅
1 volume in lot - 269.10$ gained profit ✅
5 volume in lot - 1,345,35$ gained profit ✅
Note
Re-adjusting the stop loss to 2.0200
Price went back up to our opening level, so you saw the results written above, you still have the chane to grasp them! Happy Trading!
Trade closed: target reached
2nd target SMASHED 🎯 🎯 🎯 ✅
As per how I opened the investments and the results in generated me.
0.10 volume - 66.53€
0.50 volume - 326.96€
1 volume - 664.23€
5 volume- 3,345.45€
Congratulations on everyone who participated! You can follow up in my channel with further updates and where and how to extract the same value as I do!
P.S. I will wait for consolidation on the price of GBPAUD so we can see if there is an opportuntiy to be formulated!
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