Trade Ideas Analysis: GBPAUD Spike

isI shorted this repeated pattern on the spike that forms along the uptrend channel.

The Bonus of this setup is that my MT4 connecting to the live data detected an ABCD pattern, the black eclipsed on this diagram is amendments to this demo data that this movement didn't occur on my live data.

I will watch closely how the price reacts at the bottom trendline of this channel if a break and close below, I will be keeping the trade, but if an indecision candle appears, I may intervene and close this trade.

עסקה פעילה:

The market hit target1 (+165), shift stops to entry
RiskFree Trade Attained!

העסקה בוטלה באופן ידני:

TP2 manual exit at 2.0093(+156)