GBPAUD Short

43
GBPAUD short idea 31/05/21

Momentum meter showing GBP losing strength and AUD gaining. RSI near to topping out on daily chart, same for 4H chart. Squeeze dying off as well as MACD lines crossing. Green lines represent points of expected support and other take profit point traders can consider.

Risk Allocation 1%
R:R = 3.1

GL

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