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ApexParagon
Feb 19, 2020 11:36 AM

GBPAUD M30 ANALYSIS Short

British Pound/Australian DollarFXCM

Description

Hello traders, we currently have a short setup for GBPAUD on the M30 timeframe. Price is respecting many confluence areas, allowing a good probability setup to go short. If you are in this trade, or if you are not in this trade let's discuss why and why not in the comments section below. I will be giving real time updates on my trades as it progresses. If you feel like you're learning, please give us a follow and like the post to help others like you also learn in the forex markets. Study hard!

*Disclaimer*: This trade analysis was conducted by myself and is by no means a trade signal. This trade analysis is based off my opinions and is by no means indicative of future price action.
Comments
CheckBlue64
I don’t see a short after 2 long wick rejections
ApexParagon
@TigerRb22 wicks are a good sign of rejection but you need to see the bigger picture
CheckBlue64
@ProPipPlays, well you’re on a Smaller chart time frame as well
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