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BannaKhan

Shooting star spotted on 4h chart, GBPAUD short.

Short
British Pound / Australian Dollar (FX:GBPAUD)  
BannaKhan Updated   
FX:GBPAUD   British Pound / Australian Dollar
Trend Analysis Harmonic Patterns Chart Patterns GBPAUD gbpaudshort shortingopportunity
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trendanalysis harmonicpatterns chartpattern gbpaud gbpaudshort shortingopportunity
Hi traders,

After a tremendous rally in recent days we can see this pair is exhausted now. While RSI being overbought we have a perfect shooting star candle sitting on the top which suggests a trend reversal.

I have entered a short trade here and marked the tp and sl for you as well.

Let me know your thoughts.

Trade safe and good luck.
Trade closed: stop reached:
Shorting from the top
Trade closed: target reached
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