GBPAUD Longer Term Short - Already involved

Name: GBPAUD Longer Term Short - Already involved
Uploaded: 2024-01-12T09:46:20.751324
Channel: CromerKing
Description: Here's another longer term idea on this pair and I'm already involved. Aussie losing strength over a long period of time and has tried already 3 times to break out of a range and failed every time, we can short now and hold on until we see a 50% retracement from the previous bullish leg as demonstrated.

Short

British Pound / Australian Dollar (FX:GBPAUD)

Updated

FX:GBPAUD British Pound / Australian Dollar

Trend Analysis longerterm GBPAUD shortsetup shorttrade longertimeframes Daily Charts dailychart

trendanalysis longerterm gbpaud shortsetup shorttrade longertimeframes daily dailychart

Here's another longer term idea on this pair and I'm already involved. Aussie losing strength over a long period of time and has tried already 3 times to break out of a range and failed every time, we can short now and hold on until we see a 50% retracement from the previous bullish leg as demonstrated.

Trade active:

For those who wanted a better entry price is now bang in the dynamic trend lines I mentioned in the idea. Even for a swing trade the RR is great.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.