So, I got a feeling someone else recommended this trade, pasted is the monthly chart of GBPAUD. We see here on the monthly a bearish Double top & moving back to the Weekly price can be seen to be moving down the slope, somewhat.
If you look at the 4hr, 2hr you will see that price has been in a rally to the longways. But that rally is over. On the 60m, 30m you will see a bearish Head n Shoulders which imo is about to send the price south to accommodate price on the monthly chart where its a very bearish TOP 1Top2 as mentioned.
So for mind, GBPAUD is a sell, this is the only short you need for December. Moving from top of a chart on a monthly and traversing down on a double top sell to the bottom of a monthly chart. That is serious profit. But take a look for yourself and see what you think.
Some things change in price action, like MACD bear signals can probably be manipulated. But altering price on a monthly Double top would be very hard.
Price is noticeably falling. Here is the 4HR on right and 1HR left. See the fake bull-run that has turned down now. Small lot size sell is the way to approach it.
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Short trade here on GBPAUD. Price is bearish right up to the monthly.
Approaching this trade. Sell small lot size for example 0.05 or 0.1 and this should do well. It could be a longer trade through December.
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PROFESSIONAL TRADING BANKERS & BANKING MARKET HATERS CLEARLY BETTING AGAINST THE SETUP HERE. THATS WHY I SAID SMALL LOT SIZE. YOU CAN ABSORB THE PAIN BETTER. HUGE RR STILL. LETS WAIT FOR THEIR 'WALL' AGAINST RETAIL TRADERS BREAK DOWN.
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