KalinPPetkov

GDP/AUD Aggressive Short Structure Base

Short
FX:GBPAUD   British Pound / Australian Dollar
0
I was looking on the 1 hour chart for a reason to enter this trade and I feel like the RRR at almost 1:3 is a goo enough reason. This is a STRUCTURE trade for me with stops right above the quadruple top and target at previouse structure below. As you can see we are at major Sup/Resit area in a down trend and 0.50 fib.retrs. from the initial impulse leg.
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