SUPPLY & DEMAND ZONES ANALYSES FOR GBPAUD
#The probability not certainty
I am seeing two opportunities possible to happen, though in the market anything can happen hence we apply proper risk management. The principle is losing less when losing and gaining more when wining.
THE LONG OPPORTUNITY
Before one could short GBPAUD there is a possibility for a long opportunity in which if price plays as i have analysed we stand to have about 1244 pips positive versus 137 pips stop loss. Risk Reward Ratio is 1:9 and the stop loss level is about 0.76% of my equity.
THE SHORT OPPORTUNITY
My stop loss level is 320 pips which is about 1.65% risk to current equity and the Risk Reward Ratio is 1:11.35.
I am seeing two opportunities possible to happen, though in the market anything can happen hence we apply proper risk management. The principle is losing less when losing and gaining more when wining.
THE LONG OPPORTUNITY
Before one could short GBPAUD there is a possibility for a long opportunity in which if price plays as i have analysed we stand to have about 1244 pips positive versus 137 pips stop loss. Risk Reward Ratio is 1:9 and the stop loss level is about 0.76% of my equity.
THE SHORT OPPORTUNITY
My stop loss level is 320 pips which is about 1.65% risk to current equity and the Risk Reward Ratio is 1:11.35.