GBPAUD SHORT
price is rejecting below the 0.382 line and the previous support indicating bearish momentum.
the pattern is reacting to a previous ascending channel and is correcting
a bear flag has formed on the 4 hour with the rejection on the retest and the zone making it a strong pair to short
caution at the 0.5 fib level. possible targets at the 1.8213 level. scale accordingly
the pattern is reacting to a previous ascending channel and is correcting
a bear flag has formed on the 4 hour with the rejection on the retest and the zone making it a strong pair to short
caution at the 0.5 fib level. possible targets at the 1.8213 level. scale accordingly
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