FX:GBPAUD   British Pound / Australian Dollar
Its a lot to look at, mainly trying to come up with good entries at the top, we are in the middle of reaching a newly made Weekly Resistance marked in the red line. However there will be a struggle as the daily zone marked in the blue will propel prices ( probably resulting in a double top). All of this will shift the trend and create a brand new downtrend. Remember that this analysis was mainly made for scalping and not for swing trading ,there are quite a few spots where price can go all over the place if you try to hold it. This is a grab and go setup with a lot of entries on the 5 and 15 minute charts ( for you to figure out ), each one for at least 20 pips. If you can continually scalp this for the rest of the week and going into next week, it should be an easy 200 pips.
Comment:
Working Out fine!
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