GBPAUD - Double Top

5 Mar 2019

Double top (best viewed from W chart). GA has been in consolidation area since last week. Initially, the plan was to enter short trade at top of consolidation range, but GA has broken the support of the range.

I entered short after support break. Short @ 1.856; SL = 1.865; TP = 1.834

I'm keeping this as a smaller trade due to lack of strong price action, the possibility it could retest double top, and because GA has been in an extended run.



4H:

D:

W:

M:

12 Mar 2019

İşlem kapandı: durdurma seviyesi

Forgot to update. SL hit 3/6.

Minimal loss due to small trade size.