Look for sign of rejection and weakness to go short. This has been making a series of Lower Highs and Lows. 46.50 is the key level to watch
Trade with care
Good luck
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+200 pips
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Sold 1 position for 150 pips. SL at b/e
Key level to watch - 44.30 and 42.70
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Price did not close below 44.30 - 150 pips locked in for 1 position. Stopped at b/e
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hisham101010
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You are greaaaaaaaaat
-Andrew-
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Did you make profit? - Hope you went long as 44.30 was not breached
hisham101010
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I sell now ,, but I make good profit for gbpaud,,
Is Cadjpy still active??
-Andrew-
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I usually open 2 positions - once it hits 100 pips I take one out, put SL to b/e - it is still bearish as the horizontal level is not breached. Well done my friend
-Andrew-
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Careful shorting oil - it broke out of the triangle - looks bullish
hisham101010
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It's maybe go to 48
hisham101010
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??
-Andrew-
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Yeah I would say so - I'd rather place a buy limit from a level it broke out from rather than shorting it.