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saynfx

GBPAUD continues its downtrend

Short
British Pound / Australian Dollar (FX:GBPAUD)  
saynfx  
FX:GBPAUD   British Pound / Australian Dollar
Trend Analysis Double Top or Bottom gbpaudshort GBPAUD
8
4
trendanalysis doubletoporbottom gbpaudshort gbpaud
Can see that double top formed on the daily after that it made a LL, was waiting for the LH to be formed.
snapshot
H4, can clearly see it retested this TL and rejected it, bearish pressure in.
snapshot
Entered, adjusted my stop loss on 30m TF. Adjusted my TP by looking at the daily TF. RR of 9.58.
snapshot

Please, if you do take this trade, profits or loss, it is your own responsibility, I am just sharing my ideas.
Risk accordingly.
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