GBP/AUD SHORT 3/4/26British Pound/Australian DollarFX:GBPAUDKibukCapital1️⃣ Price is approaching strong resistance The blue zone above is a previous resistance area where price was rejected before. Resistance levels are areas where sellers often step in and stop price from going higher. ➡️ You’re shorting into a level where sellers previously controlled the market. 2️⃣ Market structure is still bearish Before this move up, price made a sharp drop (strong bearish momentum). The current move up looks like a retracement/pullback, not a new uptrend. ➡️ In downtrends, traders often short pullbacks into resistance. 3️⃣ Price is squeezing upward (weak push) Your yellow trendline shows higher lows forming. This creates a triangle compression pattern where price is squeezing into resistance. Triangle consolidations often lead to a strong move once one side breaks. ➡️ Since the overall structure above is resistance, the probability favors a rejection down. 4️⃣ Good risk-to-reward Your trade box shows: Stop loss: above resistance Target: down near previous support ➡️ Small risk / larger potential move down.