GBPAUD: More shorts for continuation

GBPAUD is tracing a nice steady downtrend, and recently has formed a nice consolidation, which has given way to a time at mode downtrend setup.
We can go short here, odds are very nice and we have a lofty target to benefit from if the trade works.
Entry is at market and stop losses should be 1-3 ATR, or placed above 1.85541.

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Cheers,

Ivan Labrie.

Trade chiuso manualmente:

Potentially still valid but better stand aside for now.

Trade attivo:

I'm long GBPAUD from 1.85243. I think it's reversing.