Following the Trend on GBPAUD

FX:GBPAUD   British Pound / Australian Dollar
Hi guys,
few days ago we managed to get more than a hundred pips from shorting this pair (see attachment). Now the situation has changed, since we came back to previous structure and started consolidating right at the trendline retest. Besides, the zone we're on is a daily structure that could push price up, according to the major trend.
The RSI divergence down on the bottom additionally confirm our view, along with the psychological number 1,6500.
I'm buying with stops below the lows, and targets as illustrated above.

If you want to ask questions or share your view, feel free to comment beneath.
Otherwise, see you in the next chart!
Trade closed: target reached: First target hit! Stops moved to breakeven now.
Trade closed: target reached: Second target hit! 240 pips risking just 40
Se sei d'accordo, lascia un mi piace! Grazie
Canale Italiano:
Ultimo video:

If you agree, like this chart! Thanks
My last (english) videoanalysis here:


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out