GBPAUD Swing Trade Recap: 952 Pips Bagged

GBPAUD Swing Trade Recap: 952 Pips Bagged 🚀

🎯 Trade Overview:
📍 Entry: 1.96049 (Jan 21)
🎯 Exit: 2.05543 (Feb 15)
⏳ Held for: 25 days
📈 Total Move: +952 pips

🔍 Why I Entered:
✅ Uptrend Intact – The market was climbing like a hiker pushing toward the summit.
✅ Oversold Conditions – Price dipped too low, like a spring being compressed, waiting to bounce.
✅ GBP Strength vs. AUD Weakness – The British Pound had solid fundamentals, while AUD was struggling, much like a strong runner racing against someone losing steam.

📉 Why I Exited:
🚧 Major Resistance Ahead – Price was hitting a known ceiling, like a ball bouncing off a hard surface.
💰 Locking in Profits – After such a big move, it made sense to take profits before momentum faded.

📌 Takeaway:
Trading is like surfing 🌊—you ride the wave while it’s strong and exit before it crashes. This GBPAUD setup combined technical and fundamental reasons for a high-probability trade, securing nearly 1,000 pips!

#Forex #SwingTrade #GBPAUD #PipsSecured 🚀