GBPAUD Possible Short Opportunity for approximately 130+ pips
H4 Timeframe
Price is currently at 1.78248 (Possible entry price too) which is just below a Major Daily Resistance Level of 1.78605. Additionally, price action is currently in a short-term downtrend which commenced on 02 January 2019.
Note:
1.78605 was previously support.
Price action is currently in a channel.
Target will for this will be approximately 1.77005 for approximately 130+ pips.
Also:
1. Don't forget to set your own stop loss
2. Trade at your own risk
Price is currently at 1.78248 (Possible entry price too) which is just below a Major Daily Resistance Level of 1.78605. Additionally, price action is currently in a short-term downtrend which commenced on 02 January 2019.
Note:
1.78605 was previously support.
Price action is currently in a channel.
Target will for this will be approximately 1.77005 for approximately 130+ pips.
Also:
1. Don't forget to set your own stop loss
2. Trade at your own risk