GBPAUD Short then Long Trade..Brexit may affect Trade Setups...

GBPAUD Short then Long Trade.....

After a big Impulse from 1.80000 to 1.90000 level.
the market started a correction phase.after closing of 4hr candle below (.50 fib level) I will open Short trade.
For Short side I had 2 Take profit levels.
1 Tp - 1.84600 (.618 Fib level)
2 Tp - 1.83500 (till the ascending trendline).

After Short trade I will look for Long side.If market close above (.618 Fib level) with a strong momentum.
I will open Long trade till the resistance level.
For Long Side I had 2 Take profit levels.
1 Tp - 1.85800 (previous support turn resistance)
2 Tp - 1.89200 (Key resistance level)


NOTE: Brexit news may affect the Trade Setups.



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