GBPAUD I believe we can get a good 400 pip trade with minimum risk. We appear to have created a double bottom which has formed the base

Now if you go from the 4HR to the 30M TF, we can see a reversal pattern an inverse head and shoulders which would give us a good place to get anentry on the break of the neckline.
audChart PatternsForexGBPGBPAUDTrend Analysis

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