support break GBPAUD Short

British Pound/Australian DollarFXCM

Description

⋅ Apr 14, 2016 4:28 AM

setup ~ support level being pierced after 3 touches on 4 hr + moving avg flows down on daily
trigger ~ break lower of down bar on 4hr (look for entry after bar completes 1am e.t)

entry (on fxcm) ~ 1.8472
stops ~ 172 pips
targets ~ 172, 344, 515 pips

Comments

sunnyk

⋅ Apr 14, 2016 2:04 PM

trade approaching 1st target - move stops on that lot to 86 pips