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CharelKleinhans
Jun 5, 2019 2:09 PM

GBPAUD LONG Long

British Pound/Australian DollarFXCM

Description

Double Bottom - Weekly Ranging buy
Breakout of H1 Trendline and a quick retest.

Might have waited for a few hours for a better retest, but the psychological angst of missing a good trade kicked in. Now I am in the trade with a wide stoploss, because this pair WILL kick you out of a poorly executed trade.

REASON FOR ENTRY: The hourly quick retest candlestick was a bullish pinbar.

MESSY ANALYSIS:
This was my previous successful sell's analysis that I want to keep on my chart. Let's hope for the best.

TP could also go all the way up to form a triple top!
Comments
CharelKleinhans
Not exactly sure why my TP is where it is, but getting there.
CharelKleinhans
@CharelKleinhans, first TP hit!
CharelKleinhans
@CharelKleinhans, I took profit. WIll re-enter when it breaks my TP level.
CharelKleinhans
Feel free to comment any thoughts on this.
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