GBPAUD short on break of correction

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GBPAUD is in an upward correction, if it breaks the correction take this short setup.

Be aware of the down trend resistance line and make sure there's some room to move against your short position.

1.67 is a key support zone (around S3 weekly pivot), check price action around this price level!
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It either breaks here, or we get another up move that will complete a W pattern and then break downwards
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İşlem aktif
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Broke fast on Tuesday, correction up will follow likely the rest of this week
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Weekly candle so far indicates there's still enough selling pressure. Holding
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Hold, still moving down
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R1 (around 1.62) is a major level of support. watch what happens here
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At key support now 1.625 1.62
pivotreversalshortsupportSupport and Resistance

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