Upon the breakout of support identified on the 30 minute chart, GA started to show signs of candle rejection @1.78995. However the candle has closed below 1.79130 which indicates that there is still a very strong potential for GA to continue moving to the downside to target it's previous low @1.78400 (60 pips/65 pips)
Bearing in mind of the wicks that have previously rejected 1.78995 and moved back into the consolidation phase, I will be very carefully monitoring the way the candles are moving around this are.
Target - 1.78400 (60 pips)
Stop - 1.79260 (above the previous 30 min candle high)
Feel free to like this post if you agree with my idea👍
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