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BenjaminKJJ

GBPAUD: High probability short position.

Short
British Pound / Australian Dollar (OANDA:GBPAUD)  
BenjaminKJJ  
OANDA:GBPAUD   British Pound / Australian Dollar
Trend Analysis Chart Patterns
5
0
trendanalysis chartpattern
Summary
The market made the 3rd touch at the top of the ascending channel. I will wait for it to either break the structure or create a flag in the lower timeframe.

Steps to be taken
  • Wait for a clear flag.
  • View the lower timeframe before executing the trade.
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