tradingfrog

GBPAUD [Short]

Short
tradingfrog Updated   
FX:GBPAUD   British Pound / Australian Dollar
Short Setup:
- Daily resistance forming fake out
- Long wick bearish candle forming
- Risky trade with small stop just above the top
- Stop order wait to break current candle low

Setup Entry#1
Entry: 1.96563
Stop: 1.97791
TP1: 1.95040
TP2: 1.93305

Setup Entry#2
Entry: Require Entry#1 TP1 hit, price break below at least to 1.94371 retrace back to retest as resistance
Stop: 1.96563 (Entry#1 Entry)
TP1: 1.93305 (Entry#1 TP2)
TP2: 1.91249
Comment:
Setup still valid, stop order still on.
If today break yesterday high cancel order.
If today form a inside bar pending order is still valid.
Comment:
I am filled.
Comment:
TP1 done, move to break even
Comment:
Entry#1 TP2 done no Entry#2 has been added with this trade
Trade closed: target reached
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