ernstschwarz

GBPAUD sell zone

Short
ernstschwarz Updated   
OANDA:GBPAUD   British Pound / Australian Dollar
trade at your own risk. find good entry according to a strategy you understand
(we had a 15m time frame inside bar candle.....)

have fun and good luck!

risk to reward is 1:4 or better.

dont risk more than 1-2% of your account on a well calculated stopploss!
Comment:
you could trade this as a "2618 trade" or a "head and shoulders formation"
when looking ath the 5m timeframe.
Trade active:
my first entry with 2618 strategy as mentioned above did not work.
the zone is not violated yet because no price closed above.
here is my last try for this one.
Comment:
target hit. i take profit of half of my position and hope for way way lower levels.
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