- January 3, 2021
- Posted by: virtualxstore
- Category: trading
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Hello everyone,
GBPAUD pairs gonna be my 3rd trading plan for next week.
This pair trading plan gonna be like GBPNZD .
Both of it aiming for a potential downward movement to fill the gap.
This gap have now been left open for 2 weeks.
It is not fully closed yet and i think we could see it sooner or later.
The best place to enter sell will be arond 1.7900-1.7920 because it has acted as resistane for 2 times.
I am waiting or price to test it once again and enter sell with a pending sell limit order.
Sell limit GBPAUD 1.7900
Stop loss 1.7960
Take profit 1.7570 (5.5R)
RR Ratio 1 : 5.5
Use only 1-2% risk
Good luck
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