GBP-AUD Wait For Breakout! Sell!

Short

Sterlina / Dollaro australiano (FX:GBPAUD)

FX:GBPAUD Sterlina / Dollaro australiano

trendanalysis chartpattern waveanalysis gbpaud pound aussie dollar forex trading sell short breakout

Hello,Traders!
GBP-AUD is trading in a strong uptrend
And the pair broke out of the bear flag below
Upwards instead of downwards
However, it seems that the pair is overbought now
And a healthy correction is needed
As you can see the pair has established a double top
While trading along the local rising support
Thus,IF we see a bearish breakout
Wait for the pullback,and go short!
Sell!
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