GBPAUD has shown a recent breakout of my zone in the 5 min time frame. if you check my weekly analysis on gbpaud you will see it is making its way up to turn resistance into support and continue
Also note the odd H & S formation it made and broke the neckline but then retraced back up into trend to continue to break resistance once again
I opened a trade at the retrace of the 1min candle and have since closed $500 profits and left half still running sitting at $150 profits
will update as it goes.
Note
remaining trades took a tumble but hoping this is the end of the drawdown. could possibly hit stop loss still as there is never any 100% guarantee. All the best!
Trade closed: stop reached
stop loss took profits back I made on the run up, broke even after hit stop
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