British Pound / Australian Dollar
Short
Updated

GBPAUD SS Short +72 Pip Potential

297
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.

Entry = 1.7962
Stop = 1.7982
Risk = 20 pips
Profit target = 1.7890 ( The projected daily low )
Reward = 72 Pips
RRR = 3.6 -1

I would appreciate if you leave a comment or like as a thank you
Allen
Order cancelled
Although this pair pulled back, it did not reach out trigger and has now broken out to the downside invalidating the trade.
Order cancelled
Even though I cancelled this order, it did pullback but literally 1.3 pips from our entry.
This does happen when trying to be precise with pullback trades. However, i rather miss a trade then pick a bad level.
Note
snapshot

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.