GBPAUD SHORT

Pair Name : GBPAUD
Time Frame : 1HR
Scale Type : SMALL

Price has broken structure to the downside on the 1 min and 3 min , 5 min and is now trading at a 4hr RESISTANCE area and has had a false break above the previous 4hr and is above the Asia sessions high

Reason for trade


Imbalance to be filled

Price trading at 4hr resistance & a false break above, the previous 4hr high


price has made a significant retracement into the 61.80 area INTO A 5 MIN ORDER BLOCK

Don't trade without a stop loss ALWAYS MANGE RISK!!!!!!!!