HayatoDragonFX

GBPAUD, 2hr tf, triangle breakout with ichimoku

Lång
FX:GBPAUD   Brittiska pund/Australiensiska dollar
Hello my friends,

Another setup coming for everyone is GBPAUD pairs.
Please give me a like if you find this post useful and follow me for my next update

As you could see there is a trianle pattern forming in my opinion on 2hr tf. Price already confirm the breakout and retesting it.
All the conditions for taking a buy position also fulfilled.

1st condition is price above the kumo cloud
2nd condition is cloud color are green
3rd condition is parabolic SAR now below the price indicating buy pressure

Buy GBPAUD 1.7760
Stop loss 1.7690
Take profit 1 @1.7840
Take profit 2 @1.7920

RR ratio is 1 : 2.3
Use only 1-2% risk
Good luck

Also i am updating one of my trade for AUDUSD which i took at September 17th. This trade hit TP2 for +100 pips and 4% profit banked.
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