GBPAUD Breakout Trade Short

British Pound/Australian DollarFXCM

Description

⋅ Jun 4, 2021 2:38 AM

This is a counter trend triangle breakout trade. We can see a huge push to the upside yesterday into a weekly level and with almost no pullback. Personally feel that price is a little bit overextended.

Trade closed: stop reached

⋅ Jun 4, 2021 8:37 AM

Chart Patterns