GBPAUD Short
Looking for a short risk entry at at the top of the bear flag to the downside.
We can see heavy impulsive movement to the downside that is then followed by corrective price action forming a bear flag continuation.
30-45 pip stop with about 10 to 12% reward if it meets the profit target at the beginning of the channel.
We can see heavy impulsive movement to the downside that is then followed by corrective price action forming a bear flag continuation.
30-45 pip stop with about 10 to 12% reward if it meets the profit target at the beginning of the channel.
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