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GBPAUD at resistance
British Pound / Australian Dollar
Short
GBPAUD at resistance
By nagabrahmam
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Jul 10, 2023
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Jul 10, 2023
My first forex trade. Here it goes!
GBPAUD is at a weekly resistance at around 1.91880. Daily was a 2U bearish candle and far away from the moving averages.
Idea is to go short at the break of Friday's candle (1.91664). Ideally SL would be at the high of same candle (1.92818) and TP can be atleast 1:1 RR.
As I was typing this, got into the trade. Hope it goes well.
Forex
gbpaudshort
Multiple Time Frame Analysis
Support and Resistance
Trend Analysis
nagabrahmam
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