GBPAUD-we can still catch the big decline-plan B

FX:GBPAUD   British Pound/Australian Dollar
839 6 17
As i posted before, i think this pair is about to make a big decline. After that ugly spike its tricky to find an entry point, i dont want to miss this trade!!
GBPAUD-We can still catch the big decline

This is my plan B, looking at H1 chart price retraced to 0.61 fib retracement after a possible double top .
Other details on chart.


This is just and idea, not a recommendation to buy or sell.
Always do your own analysis before opening a trade.
Managing is 60% of a trade, anytime I may decide not to open, close or even stop and reverse a trade depending on price action.
Any respectful and constructive ideas are welcome (agree or disagree).

im still on the buy, planning to sell on 2.1900, is these a right move ??
Good plan! im still keeping shorts because the long term run is already finishing.Market is volatile today, may be we have to wait until next week for a clear direction. Lets see. Regards.
+1 Reply
ellee FullTimeTrader
thanks so much, im been follow these pair for the past three month. hopefully im be catching the big wave soon
UPDATE. Stopped out but the bearish bat pattern triggered. Long term still bearish.
Thanks FulTime Trader ;) Thats an Ego-boost for me (newbie) as I was looking at this a couple of days ago:)
GBP/AUD potensiell double top and reversal?

Keep up the good work!
+1 Reply
Thanks for your words. Well done! knowing the direction is only one step. The next and complicated thing is to find an entry point. I hope last highs will hold. Regards.
+1 Reply
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