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DACapitalTrading
Jan 3, 2018 6:38 AM

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

British Pound/Australian DollarFXCM

Description

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.
Comments
UnknownUnicorn981629
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!
DACapitalTrading
@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 :)
BrunoAlvesb2
good stuff! it's still going! On a bearish around 1.69! not advice, just my thoughts!
DACapitalTrading
@BrunoAlvesb2, Yeah will also search for short entrys next week depending on weekly close :) Keep it up mate
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