Shark on GBPAUD 4h

Price tested the zone 3 days ago, and retraced a little bit... Today retested, entered and traveled all its length . I'll be looking how it develops.

In the meantime I'll put Sell Limit orders just in case of a sudden retrace:

SL: 1.8725
Entry: 1.8616
TP1: 1.8305 (.236 CD)
TP2: 1.8116 (.382 CD)

(will fix TPs once point D is Perfectly defined and will be moving it depending on PA)

Zlecenie aktywne:

After fixing the TPs (Point D defined), TP1 was reached @1.83916... closed half position and move to B-Even.

Just at that point, price retraced very fast (in one night)... but now looks like is slowly going down again.

Free ride to TP2 @1.81798

Zlecenie aktywne:

PA just hit the 300 pips mark @1.8316!

I'll start trailing stop... Moving SL to 1.8416

Transakcja zakończona: osiągnięto poziom stop:

Trade ended.... Trailing Stop was hit @1.8350 after a sudden and fast rebound of almost 150 pips in the last 4 hours...

Nice Trade. Very good profits:

TP1: 224 pips (2.05 RR)
TP2: 266 pips (3.46 RR)