GBPAUD - Daily
Potential bull flag forming among these daily highs. We will SOH (sit on hands) until any short positions comes available. Stochastic RSI (weekly) shows this pair is overbought. I’d like to wait until 1.80836 is broken to take a short.
Trade Setup’s:
Enter Short @ 1.80836
Stop Loss set at 1.91818
TP1: 1.83422
TP2: 1.82540
Weekly RSI: Overbought
Potential bull flag forming among these daily highs. We will SOH (sit on hands) until any short positions comes available. Stochastic RSI (weekly) shows this pair is overbought. I’d like to wait until 1.80836 is broken to take a short.
Trade Setup’s:
Enter Short @ 1.80836
Stop Loss set at 1.91818
TP1: 1.83422
TP2: 1.82540
Weekly RSI: Overbought