Sell GBPAUD, retracement at least.
GBPAUD is probably going down, for a retracement at least.
SL: 100
TP1: 1.83850, RR 1:2
TP2: 1.80360, RR 1:5
TP1 reasons:
Pivot point at 1.836.
Fib retracement 0.5 at the same place.
Previous swing high at the same place.
Stochastic 4h and 1D OB, 1W almost OB.
TP2 reasons:
Previous swing low at 1.8 (1.795),
which is also a significant level.
Fib retracement 1.0 at the same place.
Stochastic 4h and 1D OB, 1W almost OB.
SL: 100
TP1: 1.83850, RR 1:2
TP2: 1.80360, RR 1:5
TP1 reasons:
Pivot point at 1.836.
Fib retracement 0.5 at the same place.
Previous swing high at the same place.
Stochastic 4h and 1D OB, 1W almost OB.
TP2 reasons:
Previous swing low at 1.8 (1.795),
which is also a significant level.
Fib retracement 1.0 at the same place.
Stochastic 4h and 1D OB, 1W almost OB.
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