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VolveFX
Apr 8, 2020 2:37 PM
GBPAUD - Sell
Short
FX:GBPAUD
60
British Pound/Australian Dollar
FXCM
Description
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Apr 8, 2020 2:37 PM
FX:GBPAUD
Sell
Trade based on five MA
Price made a retracement on the way down (50 EMA). In that retracement, a nwe high pivot point was made. A wave is created with that high and the prior low pivot point (we will use this as SL as seen later on)
TP just above last low pivot point
SL above value zone (seen with line chart)
Trade closed: target reached
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Apr 8, 2020 10:11 PM
TP HIT
Moving Averages
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