H1 GBPAUD Bearish Bat

Updated
Higher Time Frame - Downtrend.
Daily Uptrend Channel broken.
Bearish Bat Setup and trading with the overall trend, good risk to reward ratio.

Entry: 1.7942
SL: 1.8019
TP1: 1.7792
Extended TP to 1.7691 if TP1 cleared.

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Order cancelled
Not engaging this trade as the arrival of price to the zone is not ideal.
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