FX:GBPAUD   British Pound / Australian Dollar
Classic, simple trendline break trade.

It is good to wait for a lower low to be made for the trend reversal to be confirmed. Then I like to enter on the next lower high for a better R:R entry.

Use the 1hr 50ema and daily pivot as dynamic resistance once both are broken and the retested from below.
Please check out my blog to see more analysis like this and other free trading info :)
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out