GBPAUD 4H TF Bearish (Divergence, Break of Trendline, DOW)

١ أغسطس

GBPAUD shows a bearish/short momentum at 4H TF supported by bearish divergence, DOW Break of Structure (BOS) and break of rising trendline. Entry is taken at 15 pips below previous HL with SL at 15 pips above and TP at 1:1 R:R.

What do you think, will it work?