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JOHNNY
Apr 13, 2017 2:07 PM

GBPAUD - SELL POSITION Short

British Pound/Australian DollarFXCM

Description

After a quite respectable fluctuation above resistance level (around 1.65500), the pair seems to retrace back, respecting the resistance level.

More secure entry level would probably be as soon as the 8 EMA breaks the 21 EMA.

Good luck!

Comment

The 8 EMA just intersected 21EMA on 4H frame!

Comment

R/R 2.7
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