GBPAUD KEY POINT FOR SHORT
Updated
Hello guys,
we've reached a key point for GBPAUD. It could be seen from two different perspective: new touch in a descending tl (whit 0.618 fib) or a retest of an uptrend tl. In both cases the 4H uptrend is broken and we can now short :)
A breakout and close below the outer CTL could lead to further downside, near 2016 low.
Happy trading!
we've reached a key point for GBPAUD. It could be seen from two different perspective: new touch in a descending tl (whit 0.618 fib) or a retest of an uptrend tl. In both cases the 4H uptrend is broken and we can now short :)
A breakout and close below the outer CTL could lead to further downside, near 2016 low.
Happy trading!
Note
SL moved to BE. Risk free trade!Trade closed: target reached
price reached the outer trend line. I closed my trade! :D
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