GBPAUD Long RR 1:1.35
Reasons to enter:
1. Black Trenlind was repected and tested, am expecting it to bounce upwards.
2. EMA 21 was just tested again, and now bounce back upwards after touching EMA 21.
3. Higher highs and Higher lows are forming, hence, bullish is favored.
4. Key level of support at 1.7000, if price remain above, hence, the next resistance (blue area rectangle) around 1.7200 will be needed to test again, hence bullish is favoured.
5. Fibo levels of -0.272 (1.7250) is my upside target.
EP: 1.70740
TP: 1.7250
SL: 1.6944
Goodluck all and happy trading =D
Do take care of ur lot size as this SL is huge.
1. Black Trenlind was repected and tested, am expecting it to bounce upwards.
2. EMA 21 was just tested again, and now bounce back upwards after touching EMA 21.
3. Higher highs and Higher lows are forming, hence, bullish is favored.
4. Key level of support at 1.7000, if price remain above, hence, the next resistance (blue area rectangle) around 1.7200 will be needed to test again, hence bullish is favoured.
5. Fibo levels of -0.272 (1.7250) is my upside target.
EP: 1.70740
TP: 1.7250
SL: 1.6944
Goodluck all and happy trading =D
Do take care of ur lot size as this SL is huge.
Trading ditutup: stop tercapai
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