GBP/AUD LONG on short term Long

British Pound/Australian DollarFXCM

Description

⋅ Oct 21, 2015 5:09 AM

Looking to trade a double ugly bottom with target 2.16xx before the pair resumes a downward trend.
Comments appreciated on this strategy.
Thanks.

⋅ Oct 21, 2015 8:51 AM

Just stop and took profit at 2.14xx @ 38.2 FIB.
Decided not to take further risk.