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PCTradeKop
May 23, 2016 12:26 PM

GBPAUD - SHORT Opportunity Now Short

British Pound/Australian DollarFXCM

Description

Pin Bar formed at resistance indicating possible reversal.
Its is also 0.50 Fib Retracement zone from previous peak point.
RSI indicates oversold.
Ideally should have caught the previous candle but missed it!
Still should be plenty pips to bank for entry even now.
Stop above pin bar. Target 400 pips. Gd Luck.
FX:GBPAUD

Trade closed: stop reached

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