GBPAUD SS Long + 99 Pip Potential

Price is above the 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.

Entry = 1.7946
Stop =1.7921
Risk = 25 pips
Profit target = 1.8045 ( The projected daily high )
Reward = 99
RRR = 4-1

I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen

Order cancelled

Price is 15 Pips above entry and appears to be holding however, The GBP is getting routed...So we be conservative and cancel this trade and re-evaluate. No harm no Foul

Order cancelled

Just a follow-up. As stated above I cancelled this order because the GBP was getting crushed. It is important to understand that I only want High probability trades with good to great RRR. Since ethe GBP was taking a beating the probability of this trades success went down. Moreover, I am okay sitting on the sidelines. That said, it would have a profitable trade.

Note

AGold54

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AGold54