howuseeit_

GBP/AUD Short Opportunity

Short
FX:GBPAUD   British Pound / Australian Dollar
Overall, we're still in an overall bearish trend on the daily w/ yesterday spiking higher but still managing to close below the 61.8% retrace as well as daily resistance. Double top formation on H4 right off the 61.8% retrace w/ 3 pin pattern formed on the 2 hour. 1:3.2 R:R w/ target set at 1.7400
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.