GBPAUD Daily Upcoming Short CCI TLB abc corr

CCI has crossed an uptrendline, signalling readiness to drop, which looks good after zigzag upmove. One could enter aggressively now 1.862 with a small stop 1.867. However, waiting for a divergence on CCI and waiting for CCI to fall inside the 100's would not sacrifice much profit, though a larger stop may be needed then.
T1 1.85
T2 1.82
open below

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This is the second time where CCI has demonstrated exactly why I prefer to see CCI move inside the 100's after a TLB, and why waiting for a divergence provides more assurance for this short. Most likely we will see those and may also see a third CCI peak that asks for a new up trendline. I like the CCI for these situations because aggressive traders lose almost nothing using frog-kiss stops, yet the majority of downmove, when IT is ready, will be intact when a stronger setup appears a bit later for conservative traders.

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There is probably another upmove to top later this week, based on Daily CCI patter, with a potential drop to neckline before move up to R shoulder of CCI H&S. It is this drop for which I shorted @1.887 w frog-kiss stop 1.888. Looking for T1 near CCI neckline

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the 5 min chart dropped a 5wave, so i pulled off at 1.8837, re-shorted at 1.8857. Best case start would be another +40 in an hour

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------which we got, so taking profit 1.8814, because the touch of fri. support may complete an abc down. Leaving runner but with SL 1.883 in case this is just tagging a CCI H/S neckline.