GBPAUD - It all started with a very High Progressive Volume Rate, 100 pips so far!!!
The Story was simple:
Highest Progressive Volume Rate on the entire chart.
What does it tell us? That lot's of volume have been traded up there.
What do we do ? Wait for the reaction.
..and the reaction was down with a PRS confirming the Short abd more short patterns on the way.
Now we are sitting at Fib, 1st order closed and stoploss to BE and wait for the reaction.
It does not get any easier than that.
