Hello my friends,
Another good setup i found today is GBPAUD. It looks like price making a double top pattern.
We already got several confirmation regarding this setup.
1st confirmation is price broken below the neckline
2nd confirmation is price broken below the kumo cloud and the kumo cloud is now red
3rd confirmation is parabolic SAR just recently swithced from below the price to above it
With these 3 confirmations we could set sell position for GBPAUD now
Sell GBPAUD 1.8195
Stop loss 1.8275
Take profit 1 @1.8065
Take profit 3 @1.7955
Use only 1-2% risk
Good luck
Another good setup i found today is GBPAUD. It looks like price making a double top pattern.
We already got several confirmation regarding this setup.
1st confirmation is price broken below the neckline
2nd confirmation is price broken below the kumo cloud and the kumo cloud is now red
3rd confirmation is parabolic SAR just recently swithced from below the price to above it
With these 3 confirmations we could set sell position for GBPAUD now
Sell GBPAUD 1.8195
Stop loss 1.8275
Take profit 1 @1.8065
Take profit 3 @1.7955
Use only 1-2% risk
Good luck
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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.
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.