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GBPAUD 4H TRADES

British Pound / Australian Dollar (FX:GBPAUD)  
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FX:GBPAUD   British Pound / Australian Dollar
Trend Analysis Chart Patterns Technical Indicators 50sma buystop sellstop takeprofit re-enter tradingstrategyguides GBPAUD forextrading
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trendanalysis chartpattern indicator 50sma buystop sellstop takeprofit re-enter tradingstrategyguides gbpaud forextrading
Price is in route toward the 50 sma
Macd has fallen below red signal line

Long Trade
Buy Stop @ 1.8543
Take Profit @ 1.8595

Short Trade
Macd is falling
Sell Stop @ 1.8445
1st Take 1/2 Profit @ 1.8405
2nd Take 1/2 of balance Profit @ 1.8355
3rd Take Profit @ 1.8310
Re-enter trade short on a 15m break-hook-go of the 1st and 2nd take profit levels

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