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girolamoaloe
Sep 24, 2015 12:31 PM

GBPAUD - Sold Following the Bearish Pattern Short

British Pound/Australian DollarFXCM

Description

GBPAUD shows a bearish triangle pattern. I closed my buy trade with 364 pips of profit. Now I have a sell trade since 2.20 (opened at 2.1998). Following the Trading Plan the idea is that the price could drop for the next days, taking out the tested demand level, going to the lower fresh demand.

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Instead, If the up trend visible in the daily chart will continue, I will not let run the trade in red.

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