GBP AUD printing that MONEY
We can see that a Doji formed at the top of an uptrend ( purple circle ) This is a lovely reversal signal as the candle that was formed after it confirmed this for us ( bearish candle )
For the last 2 days price has been moving sideways in our zone.
We are in this trade again, after previously getting stopped out by a very tight SL, We put a tight SL as we are sure price is going to sink... SL been hit is not a problem as it was a small loss and we have entered again.
A breakout of our zone ( blue box ) is what we are waiting for, following this we will see a price drop.... so come along and enjoy the ride ;p
For the last 2 days price has been moving sideways in our zone.
We are in this trade again, after previously getting stopped out by a very tight SL, We put a tight SL as we are sure price is going to sink... SL been hit is not a problem as it was a small loss and we have entered again.
A breakout of our zone ( blue box ) is what we are waiting for, following this we will see a price drop.... so come along and enjoy the ride ;p
Note
TP1 TP2 and TP3 all HIT
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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.