Structure based Long on GBPAUD

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After eyeballing this zone all of last week, we can now see that price has entered the support level we were looking at to potentially get involved.
We have seen an AB=CD completion at that level which adds a 19.5% higher probability to the play.
Lower time frame we have a nice retest of that level too.

Targets at previous structure giving us a 1.5:1 RR at worst case.

Lets see if the patience can pay off.

Good luck.

Penafian

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