GBPAUD
Updated
This looks to be the return point of the GBPAUD since the price has reached its OB high at R2-Wly. However, it needs to be cautious of Friday's weird moves and reactions.
I suggest setting it up with a small size position to see the real-real confirmation in an hour or so.
I suggest setting it up with a small size position to see the real-real confirmation in an hour or so.
Note
Cutting down the SL now.Note
I had the position closed before the weekend due to low market volume; I've been waiting to see more signs to re-enter. So far the market reacting differently and I'm leaving the pair alone. let's move on!
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.