British Pound / Australian Dollar
Short
Updated

GBPAUD 4H SHORT TRADE

391
Price is in between 50 sma and 100 sma.
Price fell half way to 100 sma and returned to 50 sma
Price should fall toward 100 sma
Price at 100 sma will either cross below 100 sma or consolidate sideways
Sell stop below 100 sma @ 1.7795
Take Profit @ 1.7728
SL as shown
If price crosses above 50 sma trade void
Note
Price went long
Long trade setup
Find a re-entry on 15m pullback
snapshot
Note
Almost hit TP
15m chart watching
snapshot
Note
Triple top I choose to adjust take profit
Price hit new adjusted take profit
snapshot

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