GcNaif
Short

Short to catch the CD leg Potential Bullish ABCD

FX:GBPAUD   British Pound/Australian Dollar
580 8 14
I am closely watching the PA to catch the CD leg of potential bullish abcd . The price retested the broken support now acting as resistance which could also be the C of abcd . If this resistance holds and prices goes below the green zone then i will be shorting this to catch some pips. Aussie release tonight so tight stop or enter after the release is advisable.

Trade is based on:
a. Potential Bullish ABCD
b. Resistance
c. Clones

Entry ,sl and tp on chart

Disclaimer:https://www.tradingview.com/chart/EURUSD/HR0NplaT-Trading-View-Ideas/
I am a Chart Slave.Thank you TradingView and @nmike.
FullTimeTrader
a year ago
I was also watching this setup using my trading system, a nice chance to renter short because if rate news are negative for GBP the price will fall like a stone. Im already short on GBPNZD so i do not want to overexpose my account (although its very tempting.......)
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GcNaif MOD FullTimeTrader
a year ago
i know both these pairs r very tempting right now, lets see the aussie release in 2 hours and then the gbp release later. , from where did u short GN i mean what price
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FullTimeTrader GcNaif
a year ago
I had a sell limit order for a bearish shark

GBPNZD-bearish shark near 2.400
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GcNaif MOD FullTimeTrader
a year ago
nice , good luck mate
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GcNaif MOD
a year ago
oh survived , good i waited for aussie release otherwise would have been a looser trade, now i will wait for it to go down the green zone
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IvanLabrie PRO GcNaif
a year ago
If it does. I'm short audusd...I'd suggest quick profits. Trend's up.
Reply
GcNaif MOD
a year ago
i not fighting with this one. on sidelines , No Trade
Reply
GcNaif MOD GcNaif
a year ago
* i mean i am not fighting with one. sitting outside
Reply
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