GBPAUD H4 Bearish Bat

Found this short opportunity in the middle of the Daily Trend Channel, not looking to set target all the way to the trend lines.

Healthy Risk-Reward of about 2.5x for target level, going for a single target trade.

For Set & Forget traders,
Entry: 1.8243
SL: 1.8336 (-93pips)
TP: 1.8013 (+230pips)

For conservative traders, look for confirmation candles before engaging the trade.

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Trade stängt: Stopp nått:

Price reacted at the Bat entry zone, however buying pressure was too huge and trade stopped out. -93pips