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GBPAUD Short term setup. Sell now
British Pound / Australian Dollar
Short
GBPAUD Short term setup. Sell now
By WBGwen
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Updated
Oct 26, 2018
9
Oct 26, 2018
Steady downtrend
Price pullback to structure
RR Ratio 2:1
(Note: Never trade with the money you can't afford to lose)
Good luck.
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Oct 26, 2018
Note
Oct 26, 2018
Note
Pullback breaks the minor trend line and previous structure. Downtrend may continue.
Oct 26, 2018
Note
You can take half profit at the swing low at 1:1 RR ratio, or hold to the target.
Oct 26, 2018
Note
Watch this support, if price couldn't break this support. please take all your profit or half profit and adjust SL to breakeven.
Oct 26, 2018
Note
1:1 RR ratio hit
Oct 26, 2018
Note
Oct 26, 2018
Note
Support broke
Oct 30, 2018
Trade closed manually
Take all your profit. Price forming sideways from this point.
Oct 30, 2018
Trade closed manually
WIN 1.7:1
Oct 30, 2018
Trade closed: target reached
Chart Patterns
Trend Analysis
Wave Analysis
WBGwen
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