GBPAUD has been moving similar to EURAUD if you've noticed by my trade ideas.
GA has come back tested my sell re entry price and rejected it with a wick.
I took the sell since its showing rejection as well as it being a low risk trade after catching the initial 100 pip sell.
25 pip stop loss, if stop loss gets hit then it'll most likely be a break above the zone which then i'll wait for a retest and a buy move but I'm pretty confident in the sell opportunity.
Let me know your thoughts in the comments.
* Note: I'm trying to be quick but also consistent with posting my trade ideas. No I'm not using fancy words or giving intricate details to each trade. I'm trying to make these moves super easy and simple to understand to the average trader while letting them know what i plan on doing if the trade does not go as planned. The risk to reward ratio is always good on each trade and if you see previous trade ideas you'll see how simple it can be to catch easy moves.
GA has come back tested my sell re entry price and rejected it with a wick.
I took the sell since its showing rejection as well as it being a low risk trade after catching the initial 100 pip sell.
25 pip stop loss, if stop loss gets hit then it'll most likely be a break above the zone which then i'll wait for a retest and a buy move but I'm pretty confident in the sell opportunity.
Let me know your thoughts in the comments.
* Note: I'm trying to be quick but also consistent with posting my trade ideas. No I'm not using fancy words or giving intricate details to each trade. I'm trying to make these moves super easy and simple to understand to the average trader while letting them know what i plan on doing if the trade does not go as planned. The risk to reward ratio is always good on each trade and if you see previous trade ideas you'll see how simple it can be to catch easy moves.
Trade closed manually:
Take profit one was hit, still expecting the overall target to be reached.