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
Comment:
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.
Comment:
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.