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Renforex
Jul 30, 2018 8:33 PM

GBPAUD - Short Short

British Pound/Australian DollarFXCM

Description

Bears are looking to pull GBPAUD into the orange box area.

Some nice pips to be made here. Be sure to always keep an eye on the price action on smaller time frames (30, 15) to ensure the market doesn't go against you whilst unprepared to adapt your plan.

Comment

On 15m time frame, we see a break down of temp structure, confirming our entry.

Comment

We move SL to break even
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