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saltorick

GBPAUD shorting

Short
British Pound / Australian Dollar (FX:GBPAUD)  
saltorick  
FX:GBPAUD   British Pound / Australian Dollar
Harmonic Patterns Trend Analysis Technical Indicators confluence shortsetup
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harmonicpatterns trendanalysis indicator confluence shortsetup
So GBPAUD gave us a nice shark pattern with its D point right at the trendline , a area of resistance AND at the 61.8!
so this means price has a nice chance of going down!
Also the MACD is showing me that this pair is losing its momentum to the upside.
as price is close to the resistance level you can put in a tight stoploss
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