On March 6 2025 I posted on social media @AidanFX the GBPAUD bullish buy setup with exact entry stop and targets, “GBPAUD LONG at 2.0365 with Stop Loss at 2.0315 and Target at 2.0465″.
GBPAUD 15 Minute Chart March 6 2025 (Entry)
i. Price respects bullish 4H demand zone (Gray Box)
ii. Bullish divergence pattern (Red) forms and in the demand zone signalling a trend reversal.
iii. Price breaks above breaker block (Purple Box), breaks above CHoCH (Change of Character/Black Line) and breaks above the descending bullish wedge pattern (Black dotted line) signalling bullish strength.
All above combined was enough for me to enter buy trade with confidence.
GBPAUD 15 Minute Chart March 7 2025 (All targets hit and trade closed)
Entered the BUY trade March 6 2025 at 2.0365 with a 50 pip stop loss at 2.0315. On March 7 2025 GBPAUD moved higher and the 1:3RR target hit at 2.0515 where I closed the buy trade for +150 pip move higher and a +3% gain. (Risking 1% on every trade)
A trader should always have multiple strategies all lined up before entering a trade. Never trade off one simple strategy. When multiple strategies all line up it allows a trader to see a clearer trade setup. If you followed me on social media you too could have caught the GBPAUD move higher.
Of course, like any strategy/technique, there will be times when the strategy/technique fails so proper money/risk management should always be used on every trade. Hope you enjoyed this article and follow me on social media for updates and questions> @AidanFX
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