I love crypto but i love forex too , so let's talk about the pound against the australian , from more than 1 month is moving inside a rectangle , waiting for a breakout , i love this kind of situations , cause looks like the '' calm before the storm '' if a breakout should occur the move might be really fast ! So watch that closely in these days.
Comment:
Broke the rectangle. Waiting for an entry around 1.81650
Comment:
The price touched 1.82 zone now looks like is ready to go down. Still trade active with stop loss at 1.82100 and tp 1.805
Trade active:
Didn't update correctly the idea. Obviously is still running the short operation. As i wrote above SL - 1.82100 tp 1 would say a zone between 1.80 - 1.805 , entry - 1.81612 , price was going to touch the stop loss but EMA 200 in 15 minutes timeframe acted as support so the price started to go down. It would be a nice operation.
Comment:
Still going perfectly! Take profit moved at 1.80442 , 170 pips profit with a 50 pips SL , R:R = 1:3.4 , nice operation , let's see if it will touch this level!
Trade closed: target reached:
TP just reached! Nice operation for this week.
Trade closed: target reached:
Updated wrong. 115 pips not 170 so R:R = 1:2.2 , sorry folks!