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HarrisonForexx
Aug 6, 2021 10:13 AM

GBP/AUD - Short  Short

British Pound/Australian DollarFXCM

Description

Hey Guys,

GA is looking great from the higher timeframes for a longer-term move lower. I have just been tagged into my position for the short, the at least complete to the lows of the larger flag. I took this based on the lower time frame price action of having the first push and flag from the third touch of the larger structured flag.

In this breakdown I explain:

Full top-down analysis
Why I have been away for a while
My gameplan if I was to be tagged out for a loss
my profit levels and management plan

Hope you had a great week all!

As always, if you want me to break down a pair then send me a message.
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