GBP/AUD: Long Reversal running

27 Tem 2022

GBP/AUD: Long Reversal running

> Higher High and higher low printed
> Break out of the triangle formation
> POC below current price
> Last weekly high far away

Structurally, this is a long based on the rules of our Wall Street H/L System. It is, however, a little risky ahead of the FED tonight. Why? Because the decision + press conferent COULD lead to direction-changing moves. If you do not mind economic data risk, you can enter.

Also check out my stream on the FED + Swingsetups:

tradingview.com/streams/IdyZrtgUHy/

Meikel & Team WSI

1 Ağu 2022

Not

The trade made aprx. +50 Pips since entry. If you do not want to risk much more, you could take some profits here. There is potential to move higher, but 50 Pips is already decent.

2 Ağu 2022

İşlem kapandı: hedefe ulaştı

Our target area has been reached. Congrats everyone for taking this trade.