GBPAUD Sell idea
GA is currently in a downtrend
Price has found rejection at the 1.88800 level and has respected this level several times in the past (Marked by the arrows).
The .800 level us our currently supply and we will be taking it back to the demand around 1.87500.
Minimum 50 pip minimum with 3:1 Risk to Reward for every trade taken.
We will be targeting previous lows from last week for 100 pips.
Risk to reward is 6.5 to 1, giving us our 3:1RR minimum to enter this trade.
GA is currently in a downtrend
Price has found rejection at the 1.88800 level and has respected this level several times in the past (Marked by the arrows).
The .800 level us our currently supply and we will be taking it back to the demand around 1.87500.
Minimum 50 pip minimum with 3:1 Risk to Reward for every trade taken.
We will be targeting previous lows from last week for 100 pips.
Risk to reward is 6.5 to 1, giving us our 3:1RR minimum to enter this trade.