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theforexdaddy
May 8, 2020 2:13 PM

GBP/AUD ROAD TO 1.85 Short

British Pound/Australian DollarFXCM

Description

Significant trendline broken and retested
Resistance held
Moving averages crossed
Waiting to break and retest 1.9 key level to confirm this move
Target 1.85
#tradesafe
Comments
UnknownUnicorn3249870
Nice idea !
mikiah_roberson
Do you still predict a sell? I entered a sell and predict the market will continue in that direction.
theforexdaddy
@mikiah_roberson, I have bearish bias on this but we have no confirmation until 1.9 zone is broken. If u have any positions open bring your stop loss to breakeven. #tradesafe
NotSoRougeTrader
still havent broken the 1.90005 level with a close.
Ltd
@akibrobiul, Agreed - I dont yet see a clear break below and close. With the British economy slowly opening up, this will only stregthen the Pound
theforexdaddy
@akibrobiul, that's the trigger buddy! #tradesafe #tfd
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