GBPAUD continues its downtrend
Can see that double top formed on the daily after that it made a LL, was waiting for the LH to be formed.
H4, can clearly see it retested this TL and rejected it, bearish pressure in.
Entered, adjusted my stop loss on 30m TF. Adjusted my TP by looking at the daily TF. RR of 9.58.
Please, if you do take this trade, profits or loss, it is your own responsibility, I am just sharing my ideas.
Risk accordingly.
H4, can clearly see it retested this TL and rejected it, bearish pressure in.
Entered, adjusted my stop loss on 30m TF. Adjusted my TP by looking at the daily TF. RR of 9.58.
Please, if you do take this trade, profits or loss, it is your own responsibility, I am just sharing my ideas.
Risk accordingly.
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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.