Get started
jamstock

GBPAUD short trade. Waiting for retracement

Short
British Pound / Australian Dollar (FX:GBPAUD)  
jamstock  
FX:GBPAUD   British Pound / Australian Dollar
Trend Analysis Chart Patterns
1
0
trendanalysis chartpattern
GBPAUD is in a downtrend on daily chart. The price has pulled back and the pin bar indicated that selling pressure has come back into the market at this clear swing level. Looking to enter at a 50% retracement of the previous daily pin bar.

Enter short at 1.7888
SL 1.7977
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.