GBP/AUD SHORT

٢٣ ديسمبر ٢٠٢٠

GA could possibly go to 1.75000, right now I see a 3 pin price just finished creating 2 candles ago on the hour timeframe. I wanna see what price does at the 200 ema below but if price closes under that then I believe price will go to 1.77000 after and so fourth. Also following the parabolic sar rule price closed under the sar and never retraced under it so that also gives me bearish indication. Right now price is balancing between going under and over 1.78000. Another confluence I have is price just recently top at 1.78800+ which is around the high of a previous New York session which is why I have the green box above. Also looking at volume below there is a lot of bearish volume, which only help the bias even further. Let me know what you guys think about GA below