GBPAUD SELL THE PULLBACK

Hi traders:

We start out the week with a nice short trade on GBPAUD. We can see the 1 hr chart formed a rising wedge them broke down, now I am looking for a pullback to form a lower high to confirm bearish momentum. Good to take it down to 1.67 area, the next major support zone.

Thank you for your support and feedback.

Comment:

Here is the daily chart:

Trade closed: target reached:

First TP hit, 2% profit

Trade closed: target reached:

Second TP hit