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GBP/AUD 4H SHORT SETUP

Short
British Pound / Australian Dollar (FX:GBPAUD)  
RenkoBuddy  
FX:GBPAUD   British Pound / Australian Dollar
GBPAUD aud GBP Forex trading Stocks fx currenies short Moving Averages
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gbpaud aud gbp forex trading stocks fx currenies short movingaverage
GBPAUD: SHORT SETUP
- Waiting for MA40 to cross below MA120 for short/sell positions.
- MA40 to test as resistance below MA120

Rules: Long
1. MA40 below MA60
2. MA40 below MA120
3. Price must cross MA40 and MA120 from above
4. Test MA40 for resistance
5. Create bearish 4H candle after test of support

Entry: Enter Short on close of Bearish candle
SL: Set above bearish 4H candle
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