GBPAUD Looking for bearish entry Point
Expecting GBP to rise to test the Resistance level and possibly test between the 38 - 50% Fib levels.
I am looking for bearish price action to find a sell entry point and if this happens i expect the price to fall back to weekly support of 1.63224.
I am looking for bearish price action to find a sell entry point and if this happens i expect the price to fall back to weekly support of 1.63224.
Dagangan aktif:
Our Sell order was triggered at 1.65291 on the 9th August.
The market retraced to the 38 Fibonacci Level and our sell order was placed in our yellow entry point zone.
Will look to move SL to break even when the market reaches 1.64037
The market retraced to the 38 Fibonacci Level and our sell order was placed in our yellow entry point zone.
Will look to move SL to break even when the market reaches 1.64037
Dagangan aktif:
Move SL to Break Even.
Expecting Market to retest the 1.65278 area before heading towards our targeted area of 1.63224 ( Weekly Support )
Expecting Market to retest the 1.65278 area before heading towards our targeted area of 1.63224 ( Weekly Support )
Dagangan ditutup: hentian tercapai:
Market rallied back to where we sold.
Stopped for a Break Even Trade.
Stopped for a Break Even Trade.