Market_Mind

GBPAUD LONG SETUP

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OANDA:GBPAUD   Paun British / Dolar Australia
I got 2 setups to Long Pound Aussie.

After the price broke the trend line, we retrace where could probably the price will hold after a short sell. Thus, the most probable area likely to hold is (A) and the next is (B).

Caveat.
Dagangan aktif:
The price somehow reacted to resistance level (3). To defend my profit which has already reached to Risk-Reward ratio to 4x, thus i have to move my SL from 1.68437 to 1.69046 level to make it 1:1 Risk-Reward ratio. I believe the 1.69046 level could be the safest level not to hit back during pullback in lower time frame.

Dagangan aktif:
Adjusted the Trail Stop to 1.69714 level.

Dagangan aktif:
Trail stop to 1.70961 level.
Dagangan aktif:
Dagangan ditutup: hentian tercapai:
Trailing Stop hit at 1.70961 level.

Penafian

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