British Pound / Australian Dollar

Long

Simple weekly abc targeting 1.84

Updated

SL below 1.7352, risk 0.5%
entry 1.7500
TP 1.8400

Trade active

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SL below 1.7430
I'm lowering my risk as the market looks more bearish now.

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Bearish Gartley and ab=cd ahead, SL remains below 1.7430

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SL at BE

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SL at 1.7630 , +130pip (small win)

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Add position at 1.7719, TP for this particular position at 1.8100
Overall SL at 1.7630 (risk 0%)

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I'm moving the overall SL at 1.7685, I'm making also an adjustment to the additional position TP at 1.7980

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cash out by my SL with a small profit

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Bullish flag is forming now and targeting 1.8000

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Trade active

buy at market

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SL below 1.7610, risk 0.55%

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SL at BE

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cash out, 2.63% profit

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Maybe we are close to a reversal zone.
Take a look at the WW240 and the weekly chart

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WW in progress.
If you didn't take the reversal wait until the next sell opportunity to come, don't chase the market.

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Next target, Po4 of the WW around 1.7650

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breathless WW dive!

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