GBPAUD 240 short – RSI trend break and failure swing

OANDA:GBPAUD   British Pound / Australian Dollar
Possible but not confirmed break in the UT (since 30 July 2019) on 16 Dec 2019. To confirm the break we would see a new LL. Current observations are a break in the RSI trend accompanied by a formation of a failure swing. Looking to see a break in the PA trendline as a trigger to enter the short trade – if it happens this would break both dynamic support (in blue) and a previous HL (in green). Sorry for the teeny tiny chart I am working on my laptop.
Trade active: PA break below trendline, entered trade.


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