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ConsciousFX

GBP/AUD 3:1 Risk/Reward scenario

Long
British Pound / Australian Dollar (FX:GBPAUD)  
ConsciousFX Updated   
FX:GBPAUD   British Pound / Australian Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis GBP poind aud structur Parallel Channel risk reward LONG
3
0
trendanalysis chartpattern beyondta gbp poind aud structur parallelchannel risk reward long
GA has been moving corrective inside this channel. Taking advantage of this choppy sideways movement with 2 Profit targets in place to lock in profits on the way up. I will be removing 100% of the risk when the 1st take-profit has been reached.
Comment:
1st Take profit almost touched. When this is complete remove risk from remaining position
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