DACapitalTrading
Short

>>GBPAUD<< >>January Week 1<< Short Setup

FX:GBPAUD   British Pound / Australian Dollar
Hey Guys, from now on I"ll try to give as many information as I can provide for every single Trade I take.!

GBPAUD started a Pullback after some strong bearish Monthly price-action.
Also broke downtrend structure which means we probably won"t see any more waves to the downside,
beside a possible double bottom in my view, taking out the last long stops before pushing up.


Entry: 1.73800
SL: 1.74950
TP: 1.72250

GBPAUD pullback made also over 60% of previous weekly move so here we have our entry on this one.

Trade with care and have a good one



Trade closed manually: Closed with over +140 pips right now.
good stuff! it's still going! On a bearish around 1.69! not advice, just my thoughts!
Reply
@BrunoAlvesb2, Yeah will also search for short entrys next week depending on weekly close :) Keep it up mate
+1 Reply
Great Analysis! Thank you for your previous like, it was greatly appreciated. We both deserve far more reputation then we are getting. You should comment when you take entry. I like to build the post prehand to the trade unfolding, which gives me time to jump in and comment "Trade Active" when I finally do get filled. I know this isn't always possible, particularly w/ market orders. Just adds another layer of authenticity. Keep up the good work!
+1 Reply
@TElphee, Doing that normally just forgot on this one :P Thank your very much for your feedback i really appreciate it. Keep up the good Work mate :)
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