GcNaif
Short

Short on divergence and resistance area (last week high)

FX:GBPAUD   British Pound/Australian Dollar
400 8 17
for me this looks like a good short term counter trend short trade. divergence , pin bar confirmation with a follow up red candle and also the price is back below the resistance area 2.0935 which is also the last week high. As long as the price is below the last week high its a short for me.

Entry,sl and tp on chart
I am a Chart Slave.Thank you TradingView and @nmike.
Already in, seems like a nice retracement, if not reversal.
+1 Reply
GcNaif MOD IvanLabrie
hi Ivan , looks like u got it at good price, good going mate.
+1 Reply
Yeah, been waiting and waiting forever for it.
It's potentially a 4:1 trade.
Good luck!
+1 Reply
GcNaif MOD IvanLabrie
good luck man
+1 Reply
it is going bellow 2.0800. short entry?
Reply
GcNaif MOD cipri.blaga
yeah ,thats the plan, lets see how it folds up
Reply
a lot of gbp news in less than 1 hour, i`m afraid it will push up gbp
Reply
Not valid any more
+1 Reply
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