hello everybody! First trade pair I ever send publicly on Tradingview.com!
What we are seeing on GBPAUD is that all GBP pairs are showing weakness though-out the board. 6 days we had a start of a new cycle and that has finished today with that 3rd aggresive push off news. Today we are seeing a good divergence and RSI below market baseline (Grey line in my tdi) that also shows us a Head and shoulders formation. Im riding this for a good 100 pip TP with a 30 pip SL so a 1:3 ish risk to reward is always ideal. Hope you enjoy!
What we are seeing on GBPAUD is that all GBP pairs are showing weakness though-out the board. 6 days we had a start of a new cycle and that has finished today with that 3rd aggresive push off news. Today we are seeing a good divergence and RSI below market baseline (Grey line in my tdi) that also shows us a Head and shoulders formation. Im riding this for a good 100 pip TP with a 30 pip SL so a 1:3 ish risk to reward is always ideal. Hope you enjoy!