GBPAUD wait for pullback

GBPAUD has strong downtrend on 1D chart. Technically only need to search sell signals on smaller timeframes. So, last move on 1H timeframe is good as pullback, so now price crossed trendline that is good sign to sell again but ... need to wait pullback up, until it touches trendline from below. In that point will be small stoploss and risk/reward will be good also.

Trade geschlossen: Ziel wurde erreicht:

good. Risk/reward 1x2 reached