GBPAUD is in a downtrend.
The price is at the H4 MA.
M15, M30, H1 is overbought.
Divergence is visible in M15 and M30.
Stop loss is 100 pips but will keep the loss below 1%.
The price is at the H4 MA.
M15, M30, H1 is overbought.
Divergence is visible in M15 and M30.
Stop loss is 100 pips but will keep the loss below 1%.
Trade closed: stop reached
Poor entry of the trade really cost us. A proper entry would have given a better stop loss but in the end it flew against despite going with the trend.09/05/22 DEAL GBP/AUD Mini converted at 0.980075843019 SD SD-98.50
Funds: SD10,182.35
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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.