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Shivam_93
Nov 13, 2018 9:52 AM

GBP/AUD Short Setup  Short

British Pound/Australian DollarFXCM

Description

Tripe top on H1 if current candlestick closes bearish
Head and shoulders on H4/D1 where price is currently retesting the neckline
31.8 fib correction complete and confluence with my daily support now resistance of 1.7933
Bear market since mid October
Target 90 pips with 45 pips stop (1:2 risk/reward)

Comment

*38.2 fib correction in line with my daily resistance (confluence)
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