


ltctrades
Shifted Entry Point and added Fib Levels Monitor on 4hr Chart
Trend Continuation, Possible Shooting Start around 61.8 Fib Level Sell Stop, 30 to 70 pip movement
61.8 Fib Level touched on Daily Chart with possible Tweezer tops forming. Price to break bottom support level as entry point (112.953)
If GBP/AUD continues to repeat Lower Trend Line we should see the low for the day in a London Break Strategy and look for a Long Opportunity of 30 to 50 pips.
Market Entry, possible Bearish Flag, 2 levels of resistance around 50.0 Fib Levels - 30 to 75 pip movement possible
If Market Respects previous level of Resistance once again and breaks below level of support a good shorting opportunity is likely for a 1 to 1 risk reward ratio
High for the Day, to Sell off to previous level of structure