Rejected at 0.7800 twice forming a Double Top on Daily.
Broke down 0.7450 seems to indicate double top completed. Bearish Bias unless goes back above 0.7530
Looking to Short around 0.7450 - 0.7480 or on break of 0.7340 or on bearish signal on lower TF.
Will abandon idea if pair goes above 0.743000 before order is trigger.
Risk Management is Key.
Looking to short the AUDZD pair. Potential trend reversal on Daily.
If price goes above 1.10568 before sell stop is triggered, will abandon idea.
Risk management is Key.
Have a short bias on GBPAUD. Would consider shorting @ current levels or retracements to the 50% and 61 % levels. However, if price retrace all the way to and close above on the daily above 1.88735, i would consider this short bias invalid..
