GBP/AUD pair is likely to surge up on a larger time scale, however; we see a chance that a short-term move down might be in the books. As this is counter-trend (plus short term), we use tighter stop than usual.
Entry: 1.916
Stop: 1.922
Target: 1.906
Have a nice week! Follow for more!
Entry: 1.916
Stop: 1.922
Target: 1.906
Have a nice week! Follow for more!
Trade closed: stop reached
Trend beat us unfortunately. The good thing is that we used a tighter stop.
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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.