TradingView
VolveFX
Apr 8, 2020 2:37 PM

GBPAUD - Sell Short

British Pound/Australian DollarFXCM

Description

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

TP HIT
More