GBPAUD

Swing Trade on GBPAUD


This could take months to play out.

I do consider this a very high probability trade if the price action moves into the zone as shown.

Chance of success: 8/10

Risk to reward: 7/10

Overall rating: 7.5/10

This opportunity will likely have far greater risk to reward opportunities on the lower time frame as the market develops.

It will likely be possible to find 50-100R trades on lower time frames with 30% chance of success.