Pair Name : GBPAUD Time Frame : 15 MIN Scale Type : SMALL
price has broken structure to the downside on the 1 min and 3 min and is now trading at a 1hr Support area and has had a false break above the previous 1hr high which presents it self as equal highs on the 5 min timeframe
Reason for trade
Price trading at 1Hr resistance & a false break above, the previous 1hr high PRICE IS BEARISH
price has made a significant retracement into the 61.80 area
Don't trade without a stop loss ALWAYS MANGE RISK!!!!!!!!
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