GBP/AUD, Short @ Daily Resistance Short

GBP/AUDOANDA

Description

⋅ Jun 12, 2018 11:54 AM

GBP/AUD showed indecision + rejection from 1.7650 area. I will be looking to enter on a retracement after break of the indecision candle because I need minimum 1.5/1 RR. Target will be at retest of the lows. Stop just above the recent highs.

Entry: 1.7616
SL: 1.7740
TP: 1.7415
Risk/Reward: 1.6/1