Counter-trend setup for GBPAUD
PAIR IN FOCUS: GBPAUD
ACTION: SHORT
GBPAUD has been moving in an upward trend channel and yet again touched the upper bound of the channel. This is a counter-trend trade, aiming to provide a good R:R ratio. Since this is a GBP pair, the float has to be larger compared to other currency pairs.
TP 1 is the short-term target, while TP 2 at the lower bound will be the medium-term target.
TP 1, TP 2 and Stop Loss have been indicated on the chart.
ACTION: SHORT
GBPAUD has been moving in an upward trend channel and yet again touched the upper bound of the channel. This is a counter-trend trade, aiming to provide a good R:R ratio. Since this is a GBP pair, the float has to be larger compared to other currency pairs.
TP 1 is the short-term target, while TP 2 at the lower bound will be the medium-term target.
TP 1, TP 2 and Stop Loss have been indicated on the chart.
Nota
TP 1 HIT!
Aviso legal
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.