my short bias for GBPAUD
The pair is currently on an upwards wedge, making its way down to the trend line below the wedge.
Double top created on daily as well as counter trendline broke.
Third confluence is the crossing of the MA showing bearish momentum
short pair
TP1 @ 1.737
TP2 @ 1.7217
TP3 @ 1.7000
SL @ 1.8010
The pair is currently on an upwards wedge, making its way down to the trend line below the wedge.
Double top created on daily as well as counter trendline broke.
Third confluence is the crossing of the MA showing bearish momentum
short pair
TP1 @ 1.737
TP2 @ 1.7217
TP3 @ 1.7000
SL @ 1.8010