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Oct 17, 2018 12:18 AM

GBPAUD 4H TRADES 

British Pound/Australian DollarFXCM

Description

Price is in-between the 50 sma and 100 sma
Price could retrace back up to the 50 sma
There price can fall to the 100 sma or break above the 50 sma

Long Trade - break above 50 sma
Buy Stop 1.8575
Buy Take Profit 1.86985

Short Trade - fall to 100 sma
Sell Limit 1.8512
Sell Stop 1.8380
Sell Take Profit 1.8324

Comment

Looks like short trade is on
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