[GBPAUD Short] 10 August, 2021 - Roger V Trading Ideas
10/08/2021
GBPAUD [Sell/ Short]
Entry Resistance level idea:
1.88650 - 1.89200 Resistance
TP Support level idea:
1.86000
Final SL for all Short positions:
1.90000 Resistance Level
Comment:
12AM mid-night, a trading idea just came into Roger V's head after looking at the GBPAUD weekly chart.
- A risk that must be taken
- A Stop-loss that may happen
- A Take Profit may also happen
What would happen?
This idea basically has a very short range of stop-loss from the entry point and a wide range for the take profit.
The risk ratio of 1:3 with three higher lows with its Doji signal.
Roger V would take the risk and try for the adventure! Woo!
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(Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.)
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Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
GBPAUD [Sell/ Short]
Entry Resistance level idea:
1.88650 - 1.89200 Resistance
TP Support level idea:
1.86000
Final SL for all Short positions:
1.90000 Resistance Level
Comment:
12AM mid-night, a trading idea just came into Roger V's head after looking at the GBPAUD weekly chart.
- A risk that must be taken
- A Stop-loss that may happen
- A Take Profit may also happen
What would happen?
This idea basically has a very short range of stop-loss from the entry point and a wide range for the take profit.
The risk ratio of 1:3 with three higher lows with its Doji signal.
Roger V would take the risk and try for the adventure! Woo!
--------------------
(Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.)
--------------------
Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
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.