British Pound / Australian Dollar

Short

Updated

GBPAUD 4H SELL

If price rejects any of the fib levels (yellow lines) I expect price to continue further lower for the week after breaking out of the ascending channel, looking for entries during the beginning of the london session (green box)

~VWP

Note

Price rejected the 50% fib level and i entered short with an initial target of 1.7700 and a stop of 1.7945

Trade active

entry @ 1.79150

Trade closed: stop reached

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Also on:

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