GBPAUD - Looking for longs at .786 fib?
GBPAUD -
We got stopped out of a monster trade (+125 pips though!!!!)
We are now looking for re-entry options BUT AWAIT BULLISH CANDLE CLOSE!
Look at how this pair has been moving - it is easy to wait for price to hit a fib and hope for the best .... You will may well have your SL hit on the next candle, so lets look at how price acts around that .786 fib and see if the trend turns bullish
We got stopped out of a monster trade (+125 pips though!!!!)
We are now looking for re-entry options BUT AWAIT BULLISH CANDLE CLOSE!
Look at how this pair has been moving - it is easy to wait for price to hit a fib and hope for the best .... You will may well have your SL hit on the next candle, so lets look at how price acts around that .786 fib and see if the trend turns bullish