SMPTrader

GBP/AUD Short Position!!

Short
SMPTrader Updated   
FX_IDC:GBPAUD   British Pound / Australian Dollar
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY

Chart time frame - H4
Timeframe - 1 Day
Actions on -
A – Activating Event
Currency Pair creating a Double Top . Currency pair will move south to the @1.759 level.
B – Beliefs
Market will be rejected at @1.774 level and move towards the first Target 1 level @ 1.759 level.

GBPAUD

Trade Management
Entered @ 1.774
Stop Loss @ 1.784
Target 1 @1.759

Risk/Reward @ 2:1

Happy trading. Will let you know closer to the time if or when executed:)


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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Trade active
Trade closed manually

Follow your Trading plan, Remain disciplined and keep learning !!

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Thank you for your support :)

This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
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