GBP/AUD in the demand zone, long.

20 May 2020

GBPAUD has seen strong bearish pressure. After reaching the demand zone, expecting it for a pullback to retest SBR zone.

Green box : Supply zone
Orange box : Demand zone
White box : SBR zone

22 May 2020

İşlem aktif

Still holding the trade, as I’m waiting for the price confirmation at the minor SNR level. If it breakthrough then it confirms the direction it is heading.
Trailing stops is needed if continually holding this trade.

25 May 2020

İşlem elle kapatılmış

Entry closed at +110pips as the market is ranging in the minor resistance level.
This trade will be recorded in my personal journal.