Possible GBP/AUD short Position!!

By SMPTrader
SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY


Chart time frame - H4
Timeframe - 1-3 days
Actions on -
A – Activating Event
Market will meet resistance in zone @1.864 - .... and fall to the @1.79. In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market move towards the first Target 1 level @ 1.79


GBPAUD

Trade Management
Entered @ Sign up for mentoring
Stop Loss @ Sign up for mentoring
Target 1 @ 1.79
Target 2 @ ....

Risk/Reward @ 6.1

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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
australiandollarChart PatternsDouble TopfollowmeGBPAUDgbpaudshortTechnical IndicatorsmethodsrulessetupstrategyTrend Analysis
SMPTrader
Follow your Trading plan, Remain disciplined and keep learning !!

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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!

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