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FXNAZ
Oct 21, 2020 8:19 AM

GBPAUD Short, break channel retracment Short

British Pound/Australian DollarFXCM

Description

we can see a break of channel and now a retracement into a double top formation. Wait for nice price action to play out before entering, I will look to enter if market shows me some doji candles otherwise if price breaks this top level to gain some liquidity and then comes back to entry level I will short this monster and take it to the lake.
Comments
RossTyler
Like this idea, just waiting for that candle rejection / confirmation for entry !
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