GBP/AUD: Back short at 50% retracement backed by resistance
Going short at the 50% retracement of the last down move, hoping the retracement ends there.
Possible resistance above (previous structure low).
SL above the 61.8% ret. and the 2.1000 round level, 2 targets as in the chart.
Possible resistance above (previous structure low).
SL above the 61.8% ret. and the 2.1000 round level, 2 targets as in the chart.
Trade closed: target reached:
Worked like a charm
