We have a good opportunity to go long GBPAUD with a rather tight stop loss here. Now that RgMov shows us that the trend is up once again, we look to buy on oversold dips, but that might take a while, after this first run up is done and momentum slows down in this pair.
Good luck!
Ivan Labrie.
Good luck!
Ivan Labrie.
Note
90 pips up, with a 94 pip stop. Looks promising overall.Note
If you took the trade, you're welcome.You can close partially if you want, I'm holding for now.
Trade closed manually
I'm out for now, will reenter after the correction is done.
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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.