Price balancing + trend continuation on GBPAUD

Name: Price balancing + trend continuation on GBPAUD
Uploaded: 2022-05-09T12:57:17.474254
Channel: primetimefox
Description: In this example of a Monday trade taken during NY session, a price imbalance was printed on the charts. The focal point on the buy position taken was an anticipation of price balancing out, in addition to a continuation of the current uptrend. A risk/reward of 1:3 was displayed on this trade.

Long

Britisches Pfund / Australischer Dollar (OANDA:GBPAUD)

OANDA:GBPAUD Britisches Pfund / Australischer Dollar

Trend Analysis Candlestick Analysis

trendanalysis candlestick

In this example of a Monday trade taken during NY session, a price imbalance was printed on the charts. The focal point on the buy position taken was an anticipation of price balancing out, in addition to a continuation of the current uptrend. A risk/reward of 1:3 was displayed on this trade.

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