GBPAUD LONG!

Updated
We've had the impulse move upwards and the correction phase. Now we wait for the breakout candle and we can enter longs to TP around 1.88xxx according to fibs. I will be looking on the H1 TF for the breakout and will probably have around a 100 pip SL so make sure you RISK MANAGE!
Trade active
H1 Has broken Out

We could have a setup like this...
snapshot
Comment
Also SL is only 50 Pips due to the LH formed on Lower TF'S
Comment
^^ HL**
Trade closed: stop reached
SL Hit
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