A long series of lower highs and lower lows confirms bearish trend in GBPAUD pair. I am in with a SELL. Ideally I should have waited for it to close below R 1 at least on hourly chart. Entry: 1.82797. Stop loss: 1.83500.
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Trailed stop loss to 1.83293.
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In this post each R stands for support and each S stands for resistance.