GBPAUD – Potential Bearish Reversal! GBPAUD is sitting around a strong resistance zone in green so we will be looking for sell setups
on H1: GBPAUD formed a valid wedge pattern in red but it is not ready to go yet.
Trigger => Waiting for a momentum candle close below the last low in gray to sell.
Meanwhile, until the sell is activated, GBPAUD can still trade higher.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich