GBPAUD BEARISH BAT AND PRZ

HERE'S A BEARISH BAT FORMATION WITH A PRZ CLOSE TO THE CHANNEL TRENDLINE.
PRICE HAS BEEN MOVING SIDEWAYS FOR THE LAST 4 HOURS. LOOKING FOR AN ENTRY POINT CLOSE TO THE R2 PIVOT POINT.

WAIT FOR CONFIRMATION
CORRELATION
1-BEARISH BAT
2-61.8 FIB RETRACEMENT
3-R2 PIVOT POINT
4-TRENDLINE

Trade active

Comment:

Entered short at 1.8879 3 days ago