Shorting GBP/AUD as today's high test bar has shown resistance to ~2.0870, the falling trend line and 50 ema all of which have lined up close enough to a tee. Stochastic and RSI also show bearish hidden divergence.
entry - below low of high test bar
stop loss - above high of high test bar
target - at previous low or lower
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entry - below low of high test bar
stop loss - above high of high test bar
target - at previous low or lower
Visit my Trading Blog
Follow me @amanpaulb
Trade active
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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.
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.