GBPAUD SELL THE PULLBACK Short

BRITISH POUND / AUSTRALIAN DOLLARICE

Description

⋅ Jul 9, 2017 10:18 PM

Hi traders:

We start out the week with a nice short trade on GBPAUD. We can see the 1 hr chart formed a rising wedge them broke down, now I am looking for a pullback to form a lower high to confirm bearish momentum. Good to take it down to 1.67 area, the next major support zone.

Thank you for your support and feedback.

Comment

⋅ Jul 9, 2017 10:19 PM

Here is the daily chart:

Trade closed: target reached

⋅ Jul 11, 2017 4:32 PM

First TP hit, 2% profit

Trade closed: target reached

⋅ Jul 13, 2017 2:43 PM

Second TP hit

Comments

qureshi009

⋅ Jul 19, 2017 7:23 PM

Great Job

jojofang0901

⋅ Jul 19, 2017 7:27 PM

@qureshi009, Thank you

Mustapha87

⋅ Jul 18, 2017 4:36 AM

well done

jojofang0901

⋅ Jul 18, 2017 4:41 AM

@Mustapha87, Thank you :)