GBPAUD short trade. Waiting for retracement

By jamstock
GBPAUD is in a downtrend on daily chart. The price has pulled back and the pin bar indicated that selling pressure has come back into the market at this clear swing level. Looking to enter at a 50% retracement of the previous daily pin bar.

Enter short at 1.7888
SL 1.7977
Chart PatternsTrend Analysis

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