GBPAUD SHORT MARKET MONDAY EP2
Updated
Trade (1) (ALREADY ENTERED - See related idea)
Entry Type : Limit Sell @ 1.90475
Stop Loss : 1.91150
Take Profit : 1.84000
R/R : 9.63
R/R % : .50% / 4.81%
Trade (2) (ALREADY ENTERED - See related idea)
Entry Type : Market Sell @ 1.90725
Stop Loss : 1.91150
Take Profit : 1.84000
R/R : 15.86
R/R % : .25% / 3.96%
Technical Analysis:
Price Action has broken out of the descending channel and has reached the 1.90 - 1.91 supply zone , thus creating a double top formation. I am expecting price to pull back to the 1.84 level.
Entry Type : Limit Sell @ 1.90475
Stop Loss : 1.91150
Take Profit : 1.84000
R/R : 9.63
R/R % : .50% / 4.81%
Trade (2) (ALREADY ENTERED - See related idea)
Entry Type : Market Sell @ 1.90725
Stop Loss : 1.91150
Take Profit : 1.84000
R/R : 15.86
R/R % : .25% / 3.96%
Technical Analysis:
Price Action has broken out of the descending channel and has reached the 1.90 - 1.91 supply zone , thus creating a double top formation. I am expecting price to pull back to the 1.84 level.
Trade closed: stop reached
Trade stopped at break even after floating 100 - 200 pips in profit.
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