Azinge Capital

Providing daily global macro trade analysis

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Tuesday, May 23, 2017

Short the GBP/AUD Cross Idea

The trade meets all requirements of our proprietary trading system with the 5/10 MA cross showing a bearish cross on the daily. It also just crossed under a cloud on the 4hr chart.
Trade Details


Risk/Reward Ratio
5.9:1
Entry
1.7320
Target
1.7180
Stop Price
1.7358


DISCLAIMER: This is just commentary and not a recommendation or investment advice.

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