GBPAUD Long Idea
Updated
I am looking at going long on this pair based on a few reasons
end of wave 4 ABC correction
market rejected at 61.8 % fibb level
impulsive move to the upside and shift in momentum
harmonic pattern
end of wave 4 ABC correction
market rejected at 61.8 % fibb level
impulsive move to the upside and shift in momentum
harmonic pattern
Trade active
Target 1 reached TP 1 160 pips from entry..
expect a small pullback before we go up further
move your Stop loss into profit or break even
protect your profit
Note
Move your Stop Loss infront of your entry
this now becomes a risk free trade
target one hit ...
next target
Trade active
target 2 reached
trail your stop loss
protect your profit
......
waiting for target 3
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