GBPAUD
Swing Trade on GBPAUD
This could take months to play out.
I do consider this a very high probability trade if the price action moves into the zone as shown.
Chance of success: 8/10
Risk to reward: 7/10
Overall rating: 7.5/10
This opportunity will likely have far greater risk to reward opportunities on the lower time frame as the market develops.
It will likely be possible to find 50-100R trades on lower time frames with 30% chance of success.
This could take months to play out.
I do consider this a very high probability trade if the price action moves into the zone as shown.
Chance of success: 8/10
Risk to reward: 7/10
Overall rating: 7.5/10
This opportunity will likely have far greater risk to reward opportunities on the lower time frame as the market develops.
It will likely be possible to find 50-100R trades on lower time frames with 30% chance of success.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.