FX:GBPAUD   British Pound/Australian Dollar
398 2 0
Nice harmonic move, RSI overbought. Short for good 100 pips ahead. Near retracement 61.8 of previous high.
Entered at 1.71111, but you don't you think your stop loss is too wide?
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The SL is positioned at the nearest trend line (look left at the previous highs) and above the 61.8 retracement. It's a H4 chart the figures are large :) Look at the RR almost 1:2 if the PA should follow the harmonics.
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