I just went short on GBPAUD, very good Setup with a lot of confirmations.
Price just broke back below weekly 61% Price movement after testing my Daily 1.74250 Resistance Area taking out stops before making further movement downside to 1.70500 Weekly Key Level.
Entry: 1.73000 Sl: 1.74300 Tp: 1.71450
Price will drop pretty fast, possibly at the end of this or next week we gonna see a lot of movement depending on price action we can drop to 1.67250 or rise back to 1.74500.
Trade with care and have a good one.
Trade active
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Sell stop triggered.
Comment
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I"ll close this one at 1.73250 with loss price not moving as expected will search for long options next week