GBPAUD buy?
Updated
Hello fellows!
Hope you all are doing great!
The Sterling Aussie pair is making the waves yet again. This time round we have yet another 'Bat' setup, albeit a bullish one, that too on the 4 hourly tf:
- Entry at D point completion, around the 1.9000 area i.e. the 88.6 % XA retracement
- SL just below X, 1.8968, ish.
- TP at the 127.2 XA extension, marking the 1.9345 area.
Hope we all benefit from it!
Take care, trade safe and stay dandy!
Note: The information created and published here is not prohibited, doesn't constitute investment advice, and isn't created solely for qualified investors.
Hope you all are doing great!
The Sterling Aussie pair is making the waves yet again. This time round we have yet another 'Bat' setup, albeit a bullish one, that too on the 4 hourly tf:
- Entry at D point completion, around the 1.9000 area i.e. the 88.6 % XA retracement
- SL just below X, 1.8968, ish.
- TP at the 127.2 XA extension, marking the 1.9345 area.
Hope we all benefit from it!
Take care, trade safe and stay dandy!
Note: The information created and published here is not prohibited, doesn't constitute investment advice, and isn't created solely for qualified investors.
Note
Was expecting a bit of a drawdown, but wow! That was a sniper entry! The trade is running in around 50 pips, so it might be safe to secure it by placing SL at breakeven.
Anyway, congratulations to all those who entered. Hopefully we will achieve target.
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