Another trade against the Ausie. It's nothing personable.
GBP has been strong recently, and AUD weak. Break-out of descending wedge. SL is under the candle that broke the wedge, and TP is at the top of the pattern where there is some resistance.
GBP had a long bullish run to break the pattern. I'm very comfortable with the fact that there is a retracement. Hopefully my 1% stop is tucked nicely away to let this trade play out and let price breath.
GBP has been strong recently, and AUD weak. Break-out of descending wedge. SL is under the candle that broke the wedge, and TP is at the top of the pattern where there is some resistance.
GBP had a long bullish run to break the pattern. I'm very comfortable with the fact that there is a retracement. Hopefully my 1% stop is tucked nicely away to let this trade play out and let price breath.