(D1) GBP/AUD (SHORT)

Updated
DESCRIPTION -

- Recent Retracement has shown a strong sign of being over as last daily candlestick shows strong refusal of resistance line
- Refering to previous comment, no support thus far that the retracement is a reversal
- Price is now approaching a stronger support level , this being the next lower low

- CURRENT STATISTICS -

- Number of Trades: 3
- Status of Trades : 3-Active / 0-Wins / 0-Losses
- Current Net Return: 0%

- TRADE INFO -

- Position: Short
- Enter: 1.69533

- Target 1: 1.66920
- Stop 1: 1.71000

All my trades will have Risk of capital per trade of no more than 3%, however I will always be using 2% unless I say otherwise

- CURRENT OBJECTIVE -

- Target: 11% ROC Monthly

Trade closed: target reached
Return on trade: 4%
Net return 2%

Disclaimer