Hammad464
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since May 11, 2020
chartpattern
gbpaudshort
gbpjpyshort
gbpnzdlong
gbpnzdshort
gbpusdshort
trendanalysis
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Potential trade opening up here, price could very easily break through the zone and reverse back through the zone. In which case we will pay attention to the 1m tf for a rejection of former support zones.
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Entry will be taken on the 5m tf in order for a potential smaller stop and hence, greater R2R. We will wait for how the market reacts to this key level before entering this POTENTIAL trade.
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