GBP/AUD LONG TRADE - H1 EXPLANATION

2023年7月28日

On GBPAUD, I executed a long trade after the price retested a support level at 1.9167. Afterward, I waited for the formation of a demand zone, meaning a breakout of the previous high, with an entry at the zone of 1.9218 and a target at the level of 1.9340. Let me know what you think about it. Happy trading to everyone from Nicola, the CEO of Forex48 Trading Academy.