GBPAUD: Sell Opportunity

  


GBPAUD: Sell Opportunity

GBP/AUD OANDA:GBPAUD



Summary
The market has been moving in a bearish momentum, after breaking out from the larger ascending channel . Looking to short this pair again as it made a bear flag in the 1 hour time frame.

Steps to be taken

  • Take the trade as the market opens.
  • Let your stop loss be above the resistant line by 20-50 pips.



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