GBPAUD - Look for Reversal Short (SWING) 1:4!

31 янв.

After a strong bullish move, which can be seen as a correction before continuing the HTF downtrend, we've observed a clear confirmation of a triple top on the LTF. This suggests a potential opportunity to ride the trend south.

Additionally, the price has been in accumulation for a few days, likely collecting orders within the marked supply zone.

Let’s see how the market plays out — hopefully, it triggers our targeted TP1 and TP2.

Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!

3 февр.

Сделка активна

Hit SL -60pips.

Break and re-test

Re-entry.

16 февр.

Сделка закрыта вручную

Yep, classic liquidity grab. The market hunts stops, clears out weak positions, and then moves in the intended direction. Brutal but expected.

That’s why risk management is everything—protecting capital and staying in the game. Adapt, react, and don’t take it personally. The market has no emotions, so we can’t afford to trade with any either.