GBP AUD Sell Opportunity (Pullback)
-Price previously sold off and found support at the 1.85 QP level
-On the weekly TF, price closed as an indecision candle/morning star candlestick pattern, hinting that price was ready to began a bullish push.
-On the daily TF, price formed a double bottom, then made a bullish push before reaching a resistance/supply zone.
- I am anticipating price to make another bullish attempt but sellers ultimately remaining strong and price possibly closing as an indecision candle/even star candlestick reversal pattern.
- I believe price will pull back and test the area 1.8801-1.86735.
-On the weekly TF, price closed as an indecision candle/morning star candlestick pattern, hinting that price was ready to began a bullish push.
-On the daily TF, price formed a double bottom, then made a bullish push before reaching a resistance/supply zone.
- I am anticipating price to make another bullish attempt but sellers ultimately remaining strong and price possibly closing as an indecision candle/even star candlestick reversal pattern.
- I believe price will pull back and test the area 1.8801-1.86735.