First, let me show you AUD/USD chart:
Although AUD fas fallen in the past few days, but yesterday it has carved a pin bar really nice at resistance 0.700
Now look at GBP/AUD chart:
A nice down trendline follow with a pin bar at top.
Can this be the beginning of a huge downtrend back to 1.729 (More than a THOUSAND Pips).
I already take a short at 1.8376. Let see what happens.
Although AUD fas fallen in the past few days, but yesterday it has carved a pin bar really nice at resistance 0.700
Now look at GBP/AUD chart:
A nice down trendline follow with a pin bar at top.
Can this be the beginning of a huge downtrend back to 1.729 (More than a THOUSAND Pips).
I already take a short at 1.8376. Let see what happens.
Note
Seems like my position is down, no problem, cuz I lose nothing except that scout sodier. Now in my opinion the trend is still down, I'll wait for the next opportunity.
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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.