Long GbpAud (Monthly Trade)

Based on clones levels, I am looking to long GbpAud for couple of reasons.

1) Clone resistance at 1.70183
2) Potential divergence on daily TF, and smaller TF shows bear exhaustion unless news triggers.
3) Trix exhaustion with divergence.

I expect price to 'retest' lows to validate a change in trend.

Сделка активна:

Комментарий:

Added 1 more long

Комментарий:

Added final lot.

Good luck

Комментарий:

Added 1 more lot based on IB rejection wick

s3.amazonaws.com/tra...shots/o/O41AgY2W.png

Комментарий:

Finally,I see green !

Комментарий:

All trades moved to break even.

Good cable economic report

Комментарий:

Udpating GA trade plan

Levels based on clones.

Clones level are powerful tool for identifying S/R and TP levels

Комментарий:

Комментарий:

Monthly IB Hit!

Комментарий:

Monthly Insidebar resistance broken

Looking for more upside

Комментарий:

1.258417

Комментарий:

Considering adding smaller lots depending on price action at key levels as shown

Комментарий:

Partial profit will be taken at the level shown

Комментарий:

Took partial profit.. 300pips :D

Комментарий:

Reason why I'm still bullish on GbpAud.. No lower low since the start of the bull run

Комментарий:

Hedge small shorts , looking to long at respected levels if PA shows reversal

Комментарий:

Closed hedge, price did not break low upon consolidation.

Will see how Price Action on breakout

Комментарий:

Price moved accordingly, =)

Комментарий:

Next level once clone level is broken

Комментарий:

Pure price action analysis.

Added 1 small lot due to risks in this trade

Комментарий:

Trade is still active.. :D

A close above will find new high target