I keep it simple: data looks good on this one.
The GBP AUD pair hasn´t been this low for almost 2 years.
Stop loss 3 % below the first low around 1.767 ,
And then go another Long on the 5 year low on the very very bottom as seen in the pic 1.73
I let in run against the S&P500 but it doesn´t fit in the chart. Amazing the correlation that just now seems to drag behind ... For how long?
This is just for education purposes. Not a trading advice.