DeltaDiamond

GBPAUD - Trading Idea ( Short Trade 230 PIP )

Short
FX:GBPAUD   British Pound / Australian Dollar
🎗️Pair of Name : GBPAUD ( British Pound / Australian Dollar )
🕞Time Frame : 4H
✔️Direction : Short
➕Type : Trend line High & Liquidity Lows + Inner Trend line
🎓Educational setup.
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After price hit this trend line, price has been redeemed in power. And the bears are starting to step in in the market. This level was also a resistance level. Since Last time the price was here, price couldn't breakthrough. But now with some inner resistance and the middle channel band which is also known as resistance level. Has shown rejection from this level and price is now starting to break out to the downside. We are expecting price to go down to this. Support lows and this trend line.
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🗨️before you take this trade or take just my word, remember, risk management always 1 : 3. And take profit on the way up to the target!

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