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GBPAUD SHORT[Engulfing candle]

Short
British Pound / Australian Dollar (FX:GBPAUD)  
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FX:GBPAUD   British Pound / Australian Dollar
Candlestick Analysis
2
0
candlestick
According to the chart of H4, GBPAUD formed the bearish engulfing candle, which is a pattern of a reversal, on the auto Fibonacci retracemet we can all see a clear indication of a retracement on the pair.
ENTRY @ 1.98912
STOP LOSS @ 1.99200
TRAGET @ 1.96100
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