GBPAUD - Looking for a a break in momentum and a redistribution phase back at the daily low, if this breaks ill be looking to swing this short towards the D points of the Bat/Shark (Monthly low)
Monthly is bullish so I don't expect price to close below.
LMK your thoughts!
** Disclaimer ***
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.