In this forex par, was a pretty well trade to long position when I identify very well a bullish divergence in RSI forming a lower high and price action lower low. The RSI had indicating a change of trend in GBP/AUD what this trade was pretty well to trade in long position. I was like 100 pips in profit or 6.33% in earnings in this trade. But from this point at $1.6986 AUD I supposed to closed up this long when the price starting to down. But that was at early movement in the European Session. And so, also that I don't made it's when I was in profit, the only that I will need to fix it's put my break even to protect my earns, whether it's few earns. but I closed up this trade in this bearish pressure, but the loss was small like of -0.87% in loss. And also, I made a very good analysis and put my buy order in the smart point very good and in profit like 100 pips. So, I know that it's very natural that we can't to watching the chart 24.7, and I know that during the European Session. America it's in the early when everyone it's sleeping.
Also, I suggested that a when the EMA 200 make resistance veyr clearly in H1 timeframe, it's a good moment to closed up a trade like this and get profit in it. If I closed up this trade in the below of the EMA200, I would have 100 pips in profit in this trade. So, I believe that I mastering this trade very well. The only it's put a break even when I was in profit like over 70 pips. But I made this trade pretty well and the only advice for me and for everyone when this situation occur in the EMA 200 like resistance, or the contrary support, closed up a trade like this and get profit, But I know that a bullish divergence in RSI could to have passed in this trade.
This it's the H4 timeframe. That it's all my information that I bring in this trade to learn and work our analysis better.
Also, I suggested that a when the EMA 200 make resistance veyr clearly in H1 timeframe, it's a good moment to closed up a trade like this and get profit in it. If I closed up this trade in the below of the EMA200, I would have 100 pips in profit in this trade. So, I believe that I mastering this trade very well. The only it's put a break even when I was in profit like over 70 pips. But I made this trade pretty well and the only advice for me and for everyone when this situation occur in the EMA 200 like resistance, or the contrary support, closed up a trade like this and get profit, But I know that a bullish divergence in RSI could to have passed in this trade.
This it's the H4 timeframe. That it's all my information that I bring in this trade to learn and work our analysis better.
