GBPAUD
This is one of those times where one trade is enough to make your whole month.
A bearish gartley has just formed followed by a double top.
For those whose TP1 is retracement 38.6, it has already been hit.
Now we wait for the 61.8 and hopefully the 100% retracement.
As always keep your stops tight.
Anything can happen in the market.
Comment:
Trade playing our well. Risk averse traders can move their stop loss to break even
Comment:
We expect price to retrace even lower and might even hit 1.785.
Trade closed: target reached:
TP2 hit.
Now we wait for price to drop lower hopefully to 0.786.
Now we wait for price to drop lower hopefully to 0.786.
Comment:
We are 15 pips short of our 14R TP3. This has been a remarkable trade.
Comment:
AndTP3 has been hit.
