Gbp/Aud Update (Lost Badly)

GBP/AUDOANDA

Description

⋅ Oct 18, 2020 9:37 PM

I opened a sell with price above the 20 Sma on hour 4 and I paid dearly. Not only that , I made a mistake of opening a sell WHILE PRICE WAS APRROACHING RESISTANCE AND MOVED MY STOP LOSS.

Price then dropped 100 pips and spiked 100 pips.

Im not trading this pair this week

Trend Analysis GBPAUD