GBPAUD - SHORT -Target 1,375 Bearish Gartley

Target as confluence of XA and CD extension in the same area -1,375. Massive RRR. potential
Stop at 1,78
Gartley completed on dayly chart created an entry opportunity

Commento:

RRR more than 6,2

Commento:

Patern forsaw the election outcome?
We are on the path to long term target. Increasing position not bad idea.

Commento:

Pattern is working in our favour. Look at todays UK Guilt .it seems to go higher towards 132 resistance level after defendi g important 126 area. All of it is negative for GBP...

Commento:

i would recommend to think about taking off some profit from the trade