RaynLim

Trade Ideas Position: GBPAUD Crab

Short
FX:GBPAUD   Sterlina / Dollaro australiano
With a bearish crab form, up with such a long tail hitting 1st target for both trade(link at the bottom), both trade has to manual exit for their target 2.

I will wait for the retest on this bearish crab pattern as a type to set up for a new shorting opportunity.

First shorting trade
GBPAUD Sideways
GBPAUD H1 Sideway Bounce, RSI Divergence
Short NOW: 2.0342(105)
ISL: 2.0462(-120)
TP1: 2.0152(+190)1.5:1
TP2: 1.9895(+447)3.7:1

Second shorting trade
GBPAUD ABCD Pattern
GBPAUD H1 Bearish ABCD, Sideways Bounce, Counter Trend
Short Now: 2.0397(78)
ISL: 2.0510(-113)
TP1: 2.0190(+207)1.8:1
TP2: 1.9884(+513)4.5:1

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