"GBPAUD Trading Strategy: Seizing Opportunities in Price Rejecti
#GBPAUD is approaching its Daily Demand Zone and Daily Order Block, approximately 250 pips away. Risk-takers may consider a sell entry till the demand zone of 1.87235-1.86023. However, our strategy focuses on a significant buy opportunity after price rejection from this zone, price has already been mentioned. A potential buy of 200-300+ pips could be captured from the Daily demand zone. We will patiently wait for price to reach this area and observe strong price rejection signals on the H4 timeframe, such as large bullish candles or H4 Hammer candles, indicating liquidity absorption from the zone. Subsequently, we will enter a buy trade with a substantial target. While achieving 100-150 pips in a trade may seem straightforward, it demands considerable patience for lucrative rewards. Our risk-reward ratio remains a priority, aiming for 2:1.
Mr K
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Mr K
Join Our Free Telegram Group
t.me/MrKCharts
If You Need Personalized SIgnals Specilaized With 2:1 RR for Propfirm Than Dm Us At t.me/Kseljuk
Join Our Free Telegram Group
t.me/MrKCharts
If You Need Personalized SIgnals Specilaized With 2:1 RR for Propfirm Than Dm Us At t.me/Kseljuk
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.