RaynLim

Murderous Intent on GBPAUD

Short
FX:GBPAUD   British Pound / Australian Dollar
I have a murderous intent on the GBPAUD, it is not because of revenge trade, heck, I don't even have any recent losing trades, and I've been trading for some time so I don't do that, but that is because I spotted something that many traders have missed out.

RSI Divergence on both the Daily Chart and 1-hourly chart. To top it up, on the Weekly Chart, the GBPAUD is on the Key Resistance Level.

As usual, there are a few ways to engage the trade, but I'm waiting for the candlestick pattern to retest 1.8214 for a shorting opportunity, so that it gives me a better Profit Factor.

We believe that we should not slog our life away. Keep working to the minimum. How about 15mins a day?

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