FX:GBPAUD   British Pound/Australian Dollar
4317 20 185
GBPAUD             in a down channel this could be a B wave channel so this trade, if it goes will be the last leg down in this channel.
If it breaks the down trend line I will post update as to what I will do with the trade.

Trade with care ,use good Risk Management and good MM.

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stops moved based on wave patterns .
Comment: Stops moved to +5 and I will leave it there until stopped out or trade go to target.
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allready short in dis pair anil sir... thnx for your idea
+1 Reply
anilmangal PRO prashantfx
+6 Reply
Great Chat
+2 Reply
"If it breaks the down trendline...". So price will have to first break it going up and then down? Or are you looking for a bounce? Or either? Just to be clear. Thanks Anil.
The down trend line is the one coming down
+5 Reply
anilmangal PRO anilmangal
if it breaks the trade is no longer valid ,but i will look to exit for BE or +
+5 Reply
Do you mean sell 2.15? Sorry i am new.

similar view with the GBPNZD
+1 Reply
anilmangal PRO uoevictory
Thank for sharing
+4 Reply
anilmangal PRO anilmangal
+4 Reply
uoevictory anilmangal
I really love the simplicity of your charts.
+1 Reply
Hello Anil, I discovered this website last week and your are my favorite author.
Your charts are great !
Best regards from France
+1 Reply
anilmangal PRO AlphaTrading
+4 Reply
anilmangal PRO AlphaTrading
This is an amazing site so please support them by signing up for the charts. I will give you a link to sigh up from and I'll give you a bonus.
+7 Reply
Could turn into a 60min trade--5th wave...?
+1 Reply
txks for it :)
+1 Reply
it's really a nice trade,wish we got a good luck
Thank you, I don't based my trades on luck but rather on analysis. This is a 15 min trade which too a long time to move and is looking more like a correction now rather than an impulse to the down side so better move stops and see which is it .
+4 Reply
bobwff33 anilmangal
Thanks for the tip.It's important that we don't trade in hope or panic
+1 Reply
just a comment ...
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