FX:GBPAUD   British Pound / Australian Dollar
2nd trade for 2021 - Current Percentage - 0%

Our little Bull is still feeling energetic as of the time of typing. GBP V's AUD

1% -$1000.00

4 hour has zero BEAR PA currently - Surprising

Daily level encountered now, but failed to send the price lower.

1 hour Double Top showing at the daily level.

Plenty of room to that next Daily level above.


/me sees chart art. Clicks like :)

Analysis looks good too. Be interesting to see what happens to the pound of the back of brexit. US looks to be trying to secure some deals.
+2 Reply
It worked. Though TP reached slight short at 1.76900
+1 Reply
gremic kartikbhai
@kartikbhai, True, Price Action was bound to have a pull back - ( the short you correctly identified ) GOOD. All traders need to learn not to choke a trade. Although I would love to say I entered and make a boast about a winning position. I took the trade off the table on the 14th. So my running total for 2021 is still ( 0% ). It's fine. Plenty more set up's ahead. The strategy is sound, I just need to ZERO the entry point. I take no Profit here But I do take away the lesson.
great analysis...
+1 Reply
Good work
+1 Reply
Great structure trading. I love it. Thanks for sharing.
+1 Reply
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