AUDUSD SHORT POSITION. I THINK HERE IS GOOD POSITION TO ENTER FOR SHORT POSITION. WHAT DO YOU THINK?
GBP/USD is in a channel, and my prediction is that after a correction in the bottom of the channel, the pair is started to go up from 1.30428 and the first take profit is 1.33035 and the second one is 1.36052. The stop loss is around 86 pips in 1.29571.
I analyzed in my chart, after reviewing the Monthly, daily, and also 4-hour timeframe. I decided to open a short position in 1.15774 with the first take profit on 1.14507 and the second take profit is free, and also the stop loss area is 1.16866.