15 min GBP AUD
15 min GBP AUD
Overall bias is bullish current bias is bearish
Price had created a DT with a right shoulder and wick rejections between 4 HR and 1 HR.
Price is currently printing LHs and LLs breaking out of 4 HR. Price may continue to go bearish due to the recent bullish bias from last Friday.
The bearish bias is needed to fill in the imbalance areas from two days ago. The bearish move may be temporary due to a possibility price may return bullish after retesting 1 HR support.
Overall bias is bullish current bias is bearish
Price had created a DT with a right shoulder and wick rejections between 4 HR and 1 HR.
Price is currently printing LHs and LLs breaking out of 4 HR. Price may continue to go bearish due to the recent bullish bias from last Friday.
The bearish bias is needed to fill in the imbalance areas from two days ago. The bearish move may be temporary due to a possibility price may return bullish after retesting 1 HR support.
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