GBPAUD Short
The weekly chart shows a very beautiful double top formation right on a key level of structure namely, 1.79392 . RSI price divergence is also very clear on the weekly chart. If we descend to a lower timeframe, we will be able to spot better entry opportunities and decrease out stop size. A retest of the aforementioned level gives us thee most optimal entry.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.