GBPAUD... MASSIVE 17RR OPPORTUNITY
Hello traders,
I'm not really a fan of trading these pairs (EURAUD, EURNZD, GBPAUD, GBPNZD). Why? they come with more than usual spreads which make the limit orders not to be triggered. Nevertheless, I will place a limit order for this pair once this market opens tomorrow.
Just like the EURAUD, this pair is taking a breather before continuing the bearish move. You might wonder if there is any liquidity trap, well if I must say, there is always a trap but might not be visible on this timeframe. If you go lower, you might find,
Anyways, like if you agree.
Cheers!!!
I'm not really a fan of trading these pairs (EURAUD, EURNZD, GBPAUD, GBPNZD). Why? they come with more than usual spreads which make the limit orders not to be triggered. Nevertheless, I will place a limit order for this pair once this market opens tomorrow.
Just like the EURAUD, this pair is taking a breather before continuing the bearish move. You might wonder if there is any liquidity trap, well if I must say, there is always a trap but might not be visible on this timeframe. If you go lower, you might find,
Anyways, like if you agree.
Cheers!!!
Related publications
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.
Related publications
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.