sell the retest of a broken level

2019年3月11日

hey guys,

pound australian continues its movement inside a rising parallel channel


reaching 1.87 level we see a pullback,
I anticipate further bearish continuation and at least test of the channel support line around 1.835
with a potential bearish violation of a channel.

however, we need a good entry.
I suggest you wait and sell the retest of a broken support 1.853

your initial target will be based on the channel support line and structure looking left.

it is possible that then the market will continue lower,
so for the second target I would be focused on 1.80 level!

good luck!

2019年3月11日

交易進行

2019年3月12日

交易結束：達到停損點