GBP/AUD SHORt iT

Updated
We are clearly still in a downtrend

Every attempt to cross the 1.75 level was unsuccessful(double top in 4H)

In the lower time frame, the Cup & Handle pattern is visible (low winrate)


Divergence in candles and volumes (also some other indicators like RSI and Acc).

if you need more confrmation, wait for cup&handle break

Good Luck
Note
Risk free
Note
close or hedge position, wait for PPI. We will add more short again at higher prices.
Trade closed manually
i close it At 1.7395, i don't like the way of work it.
Trade active
After PPI Short again
Note
risk free(again)
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Add more short at 1.752
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Don't panic this is it.
ForexGBPAUDgbpaudshortTrend Analysis

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