Shorted GBP AUD
Shorted GBPAUD as I saw what was a breakout out of congestion. The 5 D formed by C and D took out the low of B and could signal a change in trend. Profit as of 326pm in Asia. The 5D and 18D stats suggested that the down move did 35% and 23% respectively. My first TP was 67% (it hit during today) and next 78.6%. Higher Time Frame Trend seems to support the downtrend. Monthly Weekly Let's see how this works!