GBP/AUD 11/8/22 ASIAN SESSION

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GBP/AUD Short idea

Many confluences in this area - hovering just above 1.7750 psych level, short term bullish structure was broken with level outlined, retracement of 70% sweet spot level, fair value gap filled, trend line (don't normally like using but can be used as another confirm)

Asian session entry
Stop loss above first touch of trend line high by 3-5 pips
TP 1 + 2 at Fib ext lvls
    Dagangan ditutup secara manual
    Currently sitting at roughly 120 pips in profit from the 70% retracement level, happy with closing 90% and letting remaining run to -27 fib ext

    Currently 9:15am EST, nice overnight trade!

    Done for the day
    Komen
    TP hit

    10:10am EST
    Chart PatternsTrend Analysis

    Penafian