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evansurfs
Oct 4, 2018 7:21 PM

GBPAUD Reaching Major Supply Zone Short

British Pound/Australian DollarFXCM

Description

I have been patiently waiting the entry into this supply zone for weeks - we've finally made it.
Looking for a big push out of this zone and am observing price action for entry reasons. We've been here a few times in the past so I will wait to see where the market finds the orders stacked before entering.

Trade active

Have not entered this trade and I advise you not to until we have confirmation this is still a valid supply level.

As mentioned, we’ve been to this level in the past and are looking for where the new orders are stacked - typically just north of where we found them previously.

Stay tuned

Trade closed: target reached

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