GBPAUD - Sell

Apr 8, 2020

GBPAUD Sell

• Trade based on five MA
  
• Price made a retracement on the way down (50 EMA). In that retracement, a nwe high pivot point was made. A wave is created with that high and the prior low pivot point (we will use this as SL as seen later on)
  
• TP just above last low pivot point
  
• SL above value zone (seen with line chart)
  

Apr 8, 2020

Trade closed: target reached

TP HIT