TerryHarmonicTrading

GBPAUD - Bullish Shark completion at 1.58

Long
FX_IDC:GBPAUD   Livre sterling / Dollar australien
Hey guys, I see a nice shark completion on GBPAUD.

Will be waiting for a reaction like a bullish candlestick reversal at 1.58 before I will go long on this.

Early week, this is likely to head lower.

Have set an alert on this and will look at this pair again once it reaches my desired entry zone.

EP: 1.58
SL: 1.5450 (350)
TP: 1.68 (1000)

This is a daily chart setup, hence the wide stops and targets.

If you are uncomfortable trading huge stops, you should avoid trading this.

Good luck and good trading all!

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