GBPAUD is going down :D... I hope...
Updated
GBPAUDwell, there is not much to say, in 15m just broke a nice resistance, it seems that will make a nice shoulder-head-shoulder, also seems like the 1h and 15m 5th elliot wave, and the end of a 4th wave on 4h. It coudn't suppas the fibbo resistance. And well, in the lv2 there are like the HELL of a lot of selling positions right above that is scaring the price away...
Squezze is starting to fall, we have a short aceleration... What else we can ask? Maybe that MA 50 that is like saying "hey dont trusth this dud, go long" but... Naaa, who really cares about that silly MA... (Put some tight stops...) put stops around 1.9913... Or something like that, remember your spread.
Remember if you have a winning position and it goes to a losse position is a mistake that has no forgiveness, please follow your trade with stops and so. This is a daily swing, that could turn into a positioner trade... It might go short for weeks :D
That is what I am aiming for. SELL MY CHILDREN SEELLLLL!!!
Trade closed: stop reached
Ok it reached my stop, sadly... But we are seeng a 2nd elliot wave it might go short again. Lets keep track of it and im going to follow it. We have a short tendency anyways
Trade active
GBPAUDLets wait until it destroy one of the lines, once it makes a breakout we follow it
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