GBPAUD reached a resistance level that price rejected at in March plus the RSI is indicating an overbought signal. This is a perfect short setup to catch some big pips! There is also the possibility of a double top formation but more time is required for confirmation.
Trade Details :
SL : 1.8900
TP 1 : 1.8750
TP 2 : 1.8600
Trade Details :
SL : 1.8900
TP 1 : 1.8750
TP 2 : 1.8600
Trade closed: target reached
Both TP 1 & TP 2 have been hit! Congrats to the ones who took this trade.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.