GBPAUD Trade Setup: Bearish Channel
GBPAUD has piqued my interest from a mid to long-term perspective. I'm looking at two potential shorting opportunities:
Key Levels:
- Short Entry on Resistance Retest: 1.9212
- Bearish Channel Indication: As long as this channel isn't violated, it strengthens the bearish bias.
I'll be looking for shorting opportunities on both the 4-hourly and 1-hourly charts based on these indications.
What's your trade plan for GBPAUD? Comment down below and share your thoughts!
Happy trading!
Key Levels:
- Short Entry on Resistance Retest: 1.9212
- Bearish Channel Indication: As long as this channel isn't violated, it strengthens the bearish bias.
I'll be looking for shorting opportunities on both the 4-hourly and 1-hourly charts based on these indications.
What's your trade plan for GBPAUD? Comment down below and share your thoughts!
Happy trading!
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Live session & Trading Tips on the GO
tiktok.com/@raynlim
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