British Pound / Australian Dollar
Long
Updated

GBPAUD SS MA trade + 60 PIp Potential

295
MA trades:
We have a nice up move in this pair, so we will look to get in on a pullback. This is an MA trade with a High probability and Good RRR.

Entry = 1.9254
Stop =1.9234
Risk = 20 pips
Profit target = 1.9314
Reward = + 60 Pips
RRR = 3-1
* understand that this entry is based on a moving Average, so it will...move. I will update before it is triggered.

**Once this trade is up + 20 pips, move your stop to breakeven and let it run

I would appreciate if you leave a comment or like as a thank you

Have a great week !

Allen
Note
Updated Parameters:
Entry: 1.9265
Stop: 1.9245
PT: 1.9325
Order cancelled
Unfortunately, Price has continued to go sideways, as opposed to moving down to the MA, accordingly, this trade is cancelled.
Note
Here is the documented trade. Although I did not take the trade, I still document it so I can make a more informed decision in the future.

snapshot

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