FX:GBPAUD   British Pound / Australian Dollar
Chart says it all:
-Broken and closed outisde really strong trend line acting as resistance
-Now not making lower lows
-Also found support on the monthly key level 1.9900 and 20000
-which is a good psychological number if it hold
-Break-retest-enter
-Target key level of weekly resistance 2.0400
Trade active:
Key to trading is doing accurate analysis but more importantly....TRUST IT and HOLD IT :)
Trade closed manually:
Took some profits before the weekend as I hate holding over the weekend.....And its a good job I did because we've fallen off a cliff here

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.