Short GBPAUD 15MIN

GBPAUD

Short trade @1.8707
- Position based on the 3EMA Crossover strategy.
- 10EMA Crosses 25EMA from the top first signal for a short.
- 10EMA crosses 50EMA from the top 2nd signal.
- Candle closses below the 50EMA trade confirmed.
- ADX indicator increasing, confirmation of trend getting stronger

Stop loss @ high of candle prior confirmation candle @1.87310

Target 2:1 RR, close half the position and trail stop

Comment:

Trade still running, dont cut off too soon.

Updated stop loss to 1.86032,
High of the candle prior consolidation
Running at 148Pips,

Trade closed: stop reached:

Stop Hit @1.8032
+148 Pips