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Fed02

GBPAUD 4.5 R:R swing trade

Short
British Pound / Australian Dollar (OANDA:GBPAUD)  
Fed02  
OANDA:GBPAUD   British Pound / Australian Dollar
Support and Resistance Wave Analysis Chart Patterns GBPAUD GBP aud short forexanalysis gbpaudshort mpattern breakouttrading retest-structure
7
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supportandresistance waveanalysis chartpattern gbpaud gbp aud short forexanalysis gbpaudshort mpattern breakouttrading retest-structure
Confluences:
-Daily M pattern
-Price broke out of consolidation range and it's retesting it
-Price is also at a major zone (now resistance) and has been under it for multiple 4h candlesticks indicating lack of bullish momentum
-It's a beautiful 4.5 risk-reward

Tell me what you guys think!
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