GBPAUD_Short setup
Updated
Hi fellow traders,
GBPAUD losses its upward momentum and is building now a form to reach the downward side to the extension 1.618 in the next movements.
Short positions are described on the chart and I will follow up with you with this pair time by time.
Trade well!
Makkaba team
GBPAUD losses its upward momentum and is building now a form to reach the downward side to the extension 1.618 in the next movements.
Short positions are described on the chart and I will follow up with you with this pair time by time.
Trade well!
Makkaba team
Note
My sell limit for GBPAUD is very near to hit now at the mentioned level at 2.00695, pls take note that the s/l for the upper short at: 2.04835 is the correct and safe one.Trade active
sell limit hit. enjoy the journey with.Note
move your s/l to the entry point ( don't forget to take some pips + for the paid commission :), when the price reaches the level @1.9920; when the price reaches the level at 1.98840, then start trailing stop.Trade closed: target reached
Around 30-50 pips more then the first t/p target will be hit for GA.Don't forget to book profit on time.
Trade closed: target reached
Done for GBPAUD.
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