Going short GBPAUD as we break the neckline
Getting short on GBPAUD for a swing trade as we break the neckline of a double top formation and last week's low. Target is 2 for 1.
Trade active
Resistance held, adding more.Trade closed: stop reached
We went back into the resistance range so the stop was triggered as I was expecting. Will try an other entry at another time in the future if I see the pound getting weaker. Right now it seems a bit too strong for my liking.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.