Short GBPAUD 15MIN
GBPAUDShort trade @1.8707
- Position based on the 3EMA Crossover strategy.
- 10EMA Crosses 25EMA from the top first signal for a short.
- 10EMA crosses 50EMA from the top 2nd signal.
- Candle closses below the 50EMA trade confirmed.
- ADX indicator increasing, confirmation of trend getting stronger
Stop loss @ high of candle prior confirmation candle @1.87310
Target 2:1 RR, close half the position and trail stop
Note
Trade still running, dont cut off too soon. Updated stop loss to 1.86032,
High of the candle prior consolidation
Running at 148Pips,
Trade closed: stop reached
Stop Hit @1.8032+148 Pips
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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.