Pound Aussie - Right Tip of the Crown Sell
Updated
I've had a couple of excellent rides on this. It returned to test the crown level yesterday at around 60 and resold. It's formed a bear engulfing overnight and looks as if it could begin breaking into lower levels. Should make it down below 170. I will be making more posts on Elpidos's Twitter @hope_bleecker. Take care and have a great ride.
Trade active
Forming beautifully. If you reentered in the 179 area, you should be one off with break even. When you trade with me, enter two microlots, take one off and pull to break even on the other one and close while you are learning. If you are just starting out and don't have the money to do that, then just simulate it... it works. Ok that's it for the London close. Take care.Trade active
Hold this. Structure looks good going into tomorrow.Note
GBPAUD- turn on your 15 minute chart and you will see the consolidation. You need to be break even on this trade from the 179 area. Going to get the bounce. It should break but we should also get a bounce here. If you need help on it message me.. don't enter a short here. you should be in from higher.. this is a message for those of you who are holding. Thanks.Trade active
Hold starting to go.. remember slow and steady in this market. Hold.
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.