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Target hit. Reversing on Rectangle's Resistance. Short.

Short
FX:GBPAUD   Sterlina / Dollaro australiano
The last TP = 1.7770 hit, as GBPAUD crossed the previous 4H Rectangle's (1.7740 - 1.795) support. The pair has since increased aggressively to meet the 1W Rectangle's (ADX = 48.874) 1.84773 Resistance. After trading within the projected 4H Rectangle (based on the previous sequence), this is technically the most suitable place to short, TP1 = 1.79670, TP2 = 1.7600.

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