The Gbp/Aud made a brake to the downside of the 50sma SurpriseBox, when looking at the eight hour chart. This brake was out of a head and shoulders pattern. Very cautious on my first trade back so "in and out" of the position quickly with a gain of 30 pips. The pattern did not had clear brake at the resistance and traveled faster and further than I anticipated.
Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com
