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Lm7ee

GBP/AUD SHORT SETUP DOWNTREND/DOUBLETOP/FIBONACCI

Short
British Pound / Australian Dollar (FX:GBPAUD)  
Lm7ee Updated   
FX:GBPAUD   British Pound / Australian Dollar
Trend Analysis Support and Resistance Forex GBP aud GBPAUD Technical Analysis swingtrade
3
0
trendanalysis supportandresistance forex gbp aud gbpaud technicalanalysis swingtrade
Looking for Shorts on GBPAUD:
-Downtrend
-Daily candle, 4hr Spinning top and then a bearish engulfing.
-Double Top
-70.5 fibonacci retracement.

Initial Targets for me will be 1.8250-1.8110
Trade closed: target reached:
Stopped out at 85+ pips x 2 positions. Didn't manage to secure the full 100 pips.
Trade closed: target reached:
+250 pips off of break>retest on 1.8500
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