GBPAUD - Long with 3 screen 8/7/202
Updated
* Daily timeframe: Bull MACD-H
* H1 timeframe: Oversold
s3.tradingview.com/snapshots/9/9Avo4BxL.png
* Current timeframe:
1- Long trend when Swing High (1) & EMA 21 above EMA 50.
2- Swing High(2) is continue & low still above Swing High (1).
3- Opens a Buy with Stoploss at lowest price (Swing Low) between Swing High (1) & Swing High (2) (Rule to find Stoploss).
a/ Moving stoploss when occurs Swing High(3), Swing High(4)(5)...
b/ Wait to retest previous swing high if ratio of Reward > Risk (>1).
* H1 timeframe: Oversold
s3.tradingview.com/snapshots/9/9Avo4BxL.png
* Current timeframe:
1- Long trend when Swing High (1) & EMA 21 above EMA 50.
2- Swing High(2) is continue & low still above Swing High (1).
3- Opens a Buy with Stoploss at lowest price (Swing Low) between Swing High (1) & Swing High (2) (Rule to find Stoploss).
a/ Moving stoploss when occurs Swing High(3), Swing High(4)(5)...
b/ Wait to retest previous swing high if ratio of Reward > Risk (>1).
Note
Stop move
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