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Smokwawelski

GBPAUD - SHORT -Target 1,375 Bearish Gartley

Short
British Pound / Australian Dollar (FX_IDC:GBPAUD)  
Smokwawelski Updated   
FX_IDC:GBPAUD   British Pound / Australian Dollar
3
0
Target as confluence of XA and CD extension in the same area -1,375. Massive RRR. potential
Stop at 1,78
Gartley completed on dayly chart created an entry opportunity
Comment:
RRR more than 6,2
Comment:
Patern forsaw the election outcome?
We are on the path to long term target. Increasing position not bad idea.
Comment:
Pattern is working in our favour. Look at todays UK Guilt .it seems to go higher towards 132 resistance level after defendi g important 126 area. All of it is negative for GBP...
Comment:
i would recommend to think about taking off some profit from the trade
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