GBPAUD possible short

٢ نوفمبر ٢٠٢٣

Expecting a very impulsive bearish move to begin my move but let me first explain why I'm making this move to begin with, from the beginning of the month we have had an impulsive phase until today 04 Nov, so from today we can see an ascending consolidation/correction/ranging-market which is a sign of a possible bearish flag of which if it is broken below, we go short but i like early entries because i can afford the drawdown, if you can't afford it, wait for breakout.

PEACE.