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20 dec 2017 14:13

GBPAUD 1h Price action Short. Kort

British Pound/Australian DollarFXCM

Beskrivning

"Personal Journal"
Reasons: Seller trend on 1h charts, waited for a pullback, the first pullback already got rejected on resistance.
We then get another pullback that showed a double top and a drop, followed by what seems to me like the final buyers try (got this try because of News an hour ago). Got in after a big "Pinbar" on my precision timeframe (15m).
Feeling a bit worried because that resistance have been challenged 3 times already, may be a signal of sellers getting weak so I consider this as an aggressive entry.

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Moved stops to 1 ATR + spread above last swing up.
New stop loss: 1.75113

Trade stängt: målet nått

Target reached with 1.77R profits.
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