VasilyTrader

GBPAUD Trading Plan

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OANDA:GBPAUD   英鎊/澳元

GBPAUD has reached significant structure resistance level 1.8.
After the price has tested this level, we see a very telling rejection candle
and formation of a double top pattern.
then the market has violated the rising wedge pattern,
leaving us clues about weakening bullish momentum.

Currently, I am focused on 1.79 level.
if bears break and close below this level,
I will short the market with my targets based on structure.
T1 - 1.78
T2 - 1.77
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