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iTradeMoney1
Nov 12, 2019 1:17 AM

GBPAUD Short Short

British Pound/Australian DollarFXCM

Description

Trade (1)

Entry Type : Market Sell @ 1.87789
Stop Loss : 1.88500
Take Profit : 1.85000
R/R : 3.22
R/R % : .37% / 1.19%


Trade (2)

Entry Type : Limit Sell @ 1.88000
Stop Loss : 1.88500
Take Profit : 1.85000
R/R : 5
R/R % : .37% / 1.85%


Technical Analysis:

Price Action has broken out of the descending channel and has reached the 1.88 psychological resistance. I am expecting price to form a double top structure and reject 1.88 again. Running two separate entries with .37% risk each to carry .75% total for the pair.

Trade active

Both trades active at set order prices in description.

Trade active

Adjusted both SL into BE levels.

Trade closed: stop reached

Trade (1) has hit stop loss at break even.

Trade closed: stop reached

Trade (2) has hit stop loss at break even.
Comments
Karlenski
Do you think this will still be valid?
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