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barry_fxtrader
Jan 12, 2016 12:14 PM

GBPAUD SHORT SCENARIO Short

FX:GBPAUD1D
British Pound/Australian DollarFXCM

Description

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A simple trend continuation trade with a great risk reward profile.
Additional confluence added where price capped at the 76.4 fib retracement along with structure and daily fib levels.

Trade safe
GBPAUDgbpaudshorttrendcontinuationtrendtradingfibfibretracementFibonaccistructurestructuretradesupportSupport and ResistanceSupply ZoneDemand ZoneSupply and Demand
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