donviper

GBPAUD March 14: Short opportunity around 1.78

Short
donviper Updated   
FX:GBPAUD   British Pound / Australian Dollar
I think 1.78 is a pretty strong resistance. Target 1.7720/1.7680
Trade active:
Took some short positions and set limit entries 1.7780-1.78
Comment:
TP1 reached (50-60pips), closed some positions and let others go to TP2.

Might reentry around 1.7750, aiming for 1.7670
Comment:
Other positions that are still opened are set to BE at least
Trade closed manually:
Done with this one, not sure if there is further downwards momentum or not. Will publish new chart if I have new ideas.

around 90 pips per entry in total
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.