SELLING GBPAUD NOW! - Pure technicals
I cruised up with GBPAUD and collected over 200pips and now things seem to be lining up for a drop. AXY is showing bullish signs, BXY looks confused and GBPAUDA RSI is now below 50. So, without beating myself up with fundamentals, I am shorting it until end of next week. I AM OFFICIALLY A BEAR ON GA.
Trade active
The party is already ongoing...Trade closed: target reached
TP1 triggered +112 pipsNote
Correction: Waiting for entry 2 to triggerNote
If entry two closes in a loss, I will only lose a fraction of profits from entry 1 hence, this is a risk-free trade.Trade active
Entry 2 pending order activated. PARTY number two is in session :)
Note
SL for entry 2 trailed to break-even. Now entry 2 is 100% risk-free.Trade closed manually
Entry 2 closed out in profit at current price due to news event
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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.