British Pound / Australian Dollar
Short
Updated

GBPAUD Is About to TANK!

47
Why I took the sell?

In a down trend

pound has been weak

Large engulfing candle that broke below all EMAs

Pullback that rejected emas as resistance.

Double top "M Formation" at the yellow ema

Pending order set.

I think I can get at least 40 pips out of it. Taking Partial profits at 40 and letting the rest ride for a while.
Note
Trade Activated

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