OANDA:GBPAUD   Paun British / Dolar Australia
Potential intraday setup lining up on GA Price on the 4H and daily TF is in a nice downtrend and recently broke below a significant level of daily support... the market has since made a retracement to retest the zone as resistance. There is also a wick to fill down from yesterdays Daily close giving us added confluence.

From a LTF perspective what I'm looking for, is price to come up to the high of the previous day which is in confluence with my 4H - take out stops above Asian session high then I will consider a short entry.✅

Setup invalidated if price takes out the Asian session low first.
Penafian

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