GBPAUD Trading Plan

Aug 6, 2019

GBPAUD has reached significant structure resistance level 1.8.
After the price has tested this level, we see a very telling rejection candle
and formation of a double top pattern.
then the market has violated the rising wedge pattern,
leaving us clues about weakening bullish momentum.

Currently, I am focused on 1.79 level.
if bears break and close below this level,
I will short the market with my targets based on structure.
T1 - 1.78
T2 - 1.77

Aug 7, 2019

Order cancelled

Invalid setup