GBPAUD Wait for a consolidation to trade short breakout
Updated
Day chart: Yesterday's big red candle indicates short bias on this pair. Price may keep going down to test 1.6800 support.
4 Hour chart: Wait for a consolidation to see if there is a reasonable stop loss when price breaks yesterday's low.
4 Hour chart: Wait for a consolidation to see if there is a reasonable stop loss when price breaks yesterday's low.
Note
No trades activated. R:R ratio is not satisfied.
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