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DLavrov

Trading Idea 011: GBPAUD

Short
British Pound / Australian Dollar (FX:GBPAUD)  
DLavrov Updated   
FX:GBPAUD   British Pound / Australian Dollar
Trend Analysis Harmonic Patterns Technical Indicators GBPAUD Forex
3
0
trendanalysis harmonicpatterns indicator gbpaud forex
Market Conditions:
- bearish trend
- bearish sentiment in the market

Key Level and Lines:
- 1.74790 support

Trading Ideas:
- go short after a consolidation above the support
- go long if the price reverses from the support and the market shows bullish sentiment.
Comment:
Plan A worked!
The price reached the 1st target = 1:3 r/r ratio.
snapshot
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