GBPAUD Buy setup on daily chart
According my analysis i got entry for GBPAUD LONG.
Usually i split position in 2 parts and when first TP is hit, i change SL for second position to break-even.
SL and TP #1 you can see on chart.
About second TP - it's not fixed. I do separate analysis about exit point.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Usually i split position in 2 parts and when first TP is hit, i change SL for second position to break-even.
SL and TP #1 you can see on chart.
About second TP - it's not fixed. I do separate analysis about exit point.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.