Forex Tips 2016 (Major pairs)

 

Forex tip: Follow the bearish pattern on GBPAUD!

GBP/AUD is in a stable, descending channel on the daily chart.

It can be a very profitable trade in the coming period with 1:3 risk reward ratio

Sell at: 2.0000

Stop at: 2.0200

Target at: 1.9300

 

Congratulations and thanks for the tips!

 

you are welcome. I will share more.

 

It has reached the target price

Files:
image_197359.jpg  142 kb
 

Actually, according to our trading experience, we the traders choose our trading currency pair. Because of slow motions, from my first day of trading I have been using EURUSD trading pair which is mainly considered as a bass pair in this market place. and, I am very lucky to select Trade12 as my regulated trading broker from where I can trade at any major currency pair with metal, gold, indicates and CFDs including flexible trading spreads.

Reason: