GBPAUD for possible long position

Jan 15, 2023

GA has formed triple bottom off major support zone, that can be seen on 4H. On daily frame price can eventually form H&S, which supports longs for short term.
Riskier entry is right now and more conservative entry is if price brakes through 4h 50EMA and DTL, and then on the retest.

Jan 16, 2023

Trade active

I have entered with half % at 1.7504, just because it's really strong level and if the price goes up, I'll be looking to scale every good retest. For now the price still holds the ground, but it's about time to take some direction.

Jan 17, 2023

Note

So, GA made this, and its actually looking pretty good for small long entry. I'll be looking for every pullback for a small entry if this thing keeps going up.

Jan 18, 2023

Trade active

GA is moving fantastically for now, as I said ill scale this position to the specified profit target

Jan 19, 2023

Trade closed: target reached

GA has absolutely crushed our TP, it didn't even make a pullback for another entry :D. I closed this position at this level of S/R.

Will look after this pair for shorts if it shows good rejections at this level.