GBPAUD 1h Price action Short.
"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.
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.
Trade geschlossen: Ziel wurde erreicht:
Target reached with 1.77R profits.
New stop loss: 1.75113