Shorted the GbpAud to anticipate the right shoulder to form (Head and Shoulder pattern), rejecting from the resistance area.
My position -
Entry : 1.7785
SL : 1.7885
TP : 1.7635
*** This information is NOT a recommendation to buy or sell. It is to be used for educational purposes ONLY. ***
*** I will accept no responsibility for any losses you may incur. Do not invest more than you can afford to lose. ***
My position -
Entry : 1.7785
SL : 1.7885
TP : 1.7635
*** This information is NOT a recommendation to buy or sell. It is to be used for educational purposes ONLY. ***
*** I will accept no responsibility for any losses you may incur. Do not invest more than you can afford to lose. ***
Note
Trailed my SL @ 1.7840Trade active
Pin bar formed on daily chart, rejecting from the resistance area.Added some position @ Pin Bar closed
Stop Loss remain @ 1.7840
Profit Target remain @ 1.7635 (providing a good 1 : 2 risk and reward)
Trade closed manually
Was in the trade for the past week and GbpAud simply couldn’t go lower and hit my TP, I closed my position manually with only a little profit which I considered it as breakeven. My trading record since Feb 2018
-1r
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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.