GBPAUD - SWING TRADE *Short entry*

FX:GBPAUD   British Pound / Australian Dollar
GBPAUD has rejected the 1.87 key resistance zone multiple times on the 4hr and daily timeframe . I am now looking to enter a simple short entry for a swing trade down to 1.72500.

There is a 4hr trendline that is in the way first so when price approaches this I will move my stop loss to breakeven to remove exposure. If that trendline breaks then I will assume the trend has reversed and will add short positions on the 4hr lower highs.
Trade active
Trade closed: stop reached
I wanted a better entry on this than simply entering at the daily candle closure yesterday. I entered short on the pivot bounce this morning with an executed price of 1.86230
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out