My view/signal of GBPAUD. Potential long opportunity.
After a successful short trade I posted previously I’m expecting the price to come back up to MPBA (Major Pullback Area) 1.88350, after a clear break of PBA 1 (Pullback Area). Entry is at 1.85048. Stop Loss is below current low and below a possible pullback area (7th of July 2021). Stop Loss is at 1.84022. TP 1 is at a PBA 2 (Pullback Area) 1.86960. TP 2 is valid if we break PBA 1 at 1.87548. TP 2 is at 1.88350.
PARAMETERS
- Entry: 1.85048
- SL: 1.84022
- TP 1: 1.86960
- TP 2: 1.88350
KEY NOTES
- Price could get back to the MPBA 1.88350.
- TP1 is at a PBA 2 (Pullback Area) 1.86960.
- TP 2 is valid after a clear break of PBA 1 (Pullback Area) 1.87548.
Happy trading!
After a successful short trade I posted previously I’m expecting the price to come back up to MPBA (Major Pullback Area) 1.88350, after a clear break of PBA 1 (Pullback Area). Entry is at 1.85048. Stop Loss is below current low and below a possible pullback area (7th of July 2021). Stop Loss is at 1.84022. TP 1 is at a PBA 2 (Pullback Area) 1.86960. TP 2 is valid if we break PBA 1 at 1.87548. TP 2 is at 1.88350.
PARAMETERS
- Entry: 1.85048
- SL: 1.84022
- TP 1: 1.86960
- TP 2: 1.88350
KEY NOTES
- Price could get back to the MPBA 1.88350.
- TP1 is at a PBA 2 (Pullback Area) 1.86960.
- TP 2 is valid after a clear break of PBA 1 (Pullback Area) 1.87548.
Happy trading!
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