GBPAUD - Intraday - Textbook Trend line Breakout Trade

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Technical Analysis - GBPAUD price action recently broke a trendline support which acted as a nice floor in the previous price actions. DO NOT CHASE the breakout. Wait for it to retest and trigger your positions.
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Nice trade setup. Textbook breakout complete. Price is now retesting the broken trendline. My target is the DPP

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The price action perforated well the broken trend line. Looking for another entry once the price action breaks and retests the immediate support level.

Kudos!
Pivot PointsSupport and ResistanceTrend Analysis

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