GBPAUD is in a long term uptrend and has just pulled out of a short downtrend. I feel that we are going to break out of this triangle that we have got within the mini uptrend and once we break out I will place an order.
- We are hopping around the 200 SMA on the daily and market it waiting for clear breakthroug. I am expecting a fake-out first though so watch for that!
Will update with more info soon!
- We are hopping around the 200 SMA on the daily and market it waiting for clear breakthroug. I am expecting a fake-out first though so watch for that!
Will update with more info soon!
Trade closed: target reached:
I have hit my TP as I moved around a bit for entry, if you will be able to watch the market then you can keep it open but if you can't check it as regularly then I recommend looking to close out the trade with solid profits!