GBPAUD Short Opportunity (Swing)

As we can see here, price has broken the trend line and has failed to make a HH twice. The chart also tells us that price has re-tested the broken trend line and that price is likely to fall. We are about to enter the London session shortly so scaling down to smaller time frames for a more precise entry is advised. If you like this trade idea please hit the like button!
Chart PatternsTrend Analysis

Penafian