GBPAUD POTENTIAL SELL OPPORTUNITY - KLS BREAKDOWN
Updated
GBPAUD KLS Printed two new bearish key levels. First potential sell opportunity will be at 1.81008 ( CT ).
f price violates this level (failed to find resistance at CT) and proceeds to our next key level of 1.8136 (RT) we will look for momentum to slow down and find our opportunity to short.
Trade Safe :) & remember to use adequate RISK.
** This is not financial advice. KLS is a Tradingview indicator that scans the market for HIGH probability key levels and waits for price to retest in order for a SELL or BUY to be valid.
LET"s EAT
f price violates this level (failed to find resistance at CT) and proceeds to our next key level of 1.8136 (RT) we will look for momentum to slow down and find our opportunity to short.
Trade Safe :) & remember to use adequate RISK.
** This is not financial advice. KLS is a Tradingview indicator that scans the market for HIGH probability key levels and waits for price to retest in order for a SELL or BUY to be valid.
LET"s EAT
Note
We noticed price slightly break past our first key level and lose momentum by printing a nice bearish divergence- Entry on pullback. Price fell a nice 2.5 RR
Target reached. I will be payin attention to see if we can capitalize on RT later on. or look for another sell at CT.
Trade closed: target reached
GBPAUD sells 56 pips and out.Note
Second position near Key level placed. since overall we failed to violate 1.8136 the evident loss of momentum was at previous sell price.
Dropped successfully
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