Prome
Short

GBPAUD Monthly trend line retest

FX:GBPAUD   British Pound/Australian Dollar
1524 10 32
Description on the chart.
I've closed my long position in GBPAUD             and EURAUD             (see ideas linked)

DAILY CHART:
snapshot
Comment: We are now 850 PIPs in profit, secure it!
Comment: Price could reverse - Take a look to my new idea:
GBPAUD possible bounce from a weekly trend line
Comment: +1970 PIPS in profit atm. We'll see soon -0.27% and -0.618% fib after Brexit. I also take a little long with this pair with +310 PIPS profit (take a look to my idea posted above).
Trade closed: target reached: +2853 Pips Gained. Nice one!
Given Friday's news regarding Brexit poll favoring the "leave" group this could reach 1.9 very fast but after that a lot will depend on the brexit vote. If they vote for a leave it's very likely that this pair crashes to 1.84 and then your target, pretty fast. If they vote for a stay. It can bounce back up a bit or a lot.
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Prome PRO _VincentP_
Yes, I'll close all or almost all my position before referendum, let's see!
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Today it is trying to break 1.98400. If it cannot break this level, what will gonna be? your advice would be greatly appreciated.
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Prome PRO earthkamol
Sorry for the late response, didn't see your message. Anyway, at 1.984 we had a strong weekly resistance, I would have waited a weekly close to plan what to do. Maybe I could put my SL to breakeven if price could not close below 1.984.
Hope this is helpful although late :P
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Thank you for sharing the chart, Harilaos
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Prome PRO harilaos
:)
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plenty of pips to go
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Prome PRO PCTradeKop
I hope so too!
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Congratulations! Your chart has been selected to be highlighted as today's post of the day. This is a great example of a market retracement to a previous line of support (now resistance).
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Prome PRO walker.england
Thank you Walker, very appreciated.
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