TradingView
UnknownUnicorn481980
May 30, 2016 9:05 AM

GBPAUD - H4 - Short  Short

British Pound/Australian DollarFXCM

Description

TDI has crossed downward with good sloping and CCI has registered a reduced bull strength. Daily chart also supports the bearish bias of this pair. Trendline is broken with a good bodied HA red bar.

Trade active

Entry: 2.0331
TP: 2.0230

Trade closed: stop reached

Aww, was a good trade but the price decided to rebound back to test the previous broken bull channel. Always remember to keep a strict money management

Comment

This trade still have a good potential of short bias. However, we have to wait for the broken trend line to prove a good resistance

Trade active

Entry: 2.0300

Trade closed manually

TP: 2.0150

Enough for the day
More