Carlos44

LONG GBP/AUD

Long
Carlos44 Updated   
FX:GBPAUD   British Pound / Australian Dollar
LOOKING TO BUY GBP/AUD AROUND 1.81175-1.81350
WE CAN SEE WE HAVE BEEN CONSOLIDATING - IF WE BREAK BELOW 1.80000 THEN WE COULD HAVE ANOTHER BUYING CHANCE AT AROUND 1.80600 WHICH IS PREVIOUS LOW IF WE SEE BULLISH PRICE ACTION COULD BUY FROM THIS REGION AS WELL LOOKING AT IT OVER THE NEXT COMING WEEKS I CAN SEE GBP/AUD GETTING STRONGER I THINK ITS COLLECTING ORDERS TO GO HIGHER

LOOKING TO BUY FROM THE BOTTOM OF CONSOLIDATION
LOOKING TO KEEP A 15-20 PIP SL
MY TARGET IS AROUND 270 PIPS
RISK TO REWARD 1;13
Trade active:
STILL HASENT TRIGGERED WAITING FOR GA TO TAP INTO BUY ZONE BEFORE WAITING FOR PRICE ACTION
Comment:
TRIGGERED CLEAN ENTRY FROM 1.81350 MOVED MY STOP TO BREAK EVEN
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