GBPAUD: GET READY TO SHORT!
Updated
We got a confirmed bearish trend change for GC (2 LL and 2 LH is what I look for to ensure I do not fall for the trap of a fake trend change!)
Now looking for trend continuation to take a short trade.
Waiting for at least a 50% retracement and price coming into the fair value gap (this is a must for my system!)- then we look for a market structure shift on 15min and ATTACK!
The 50% retracement and is also in line with the breaker block.
This is looking like a very yummy short!
Follow and Stay tuned my friends ;)
Now looking for trend continuation to take a short trade.
Waiting for at least a 50% retracement and price coming into the fair value gap (this is a must for my system!)- then we look for a market structure shift on 15min and ATTACK!
The 50% retracement and is also in line with the breaker block.
This is looking like a very yummy short!
Follow and Stay tuned my friends ;)
Trade closed: target reached
Hit my TP overnight! A solid 1.5R :).
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