GbpAud short
Entry at 50% fibonacci retracement level, while hitting our 200 sma. In an oversold position, at the end of a pattern move. Stoploss just above weekly pivot point restiance and 200 sma. Look left for price behavior arrows, and conformation. When hitting target1 I will take 80% of the profit and let rest of the 20% in the trade still, because this could also be a good position trade.
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