I see a possible short position from GBPAUD from either 2 price points as seen on graph.
I will be waiting to see if price will break through 0.5 Fib retracement, if not I will wait for a short signal and ride down to take profit
If not will probably wait to see if the orange trend line will hold. I see a convergence on RSI so possible loss of sell momentum?
I will be waiting to see if price will break through 0.5 Fib retracement, if not I will wait for a short signal and ride down to take profit
If not will probably wait to see if the orange trend line will hold. I see a convergence on RSI so possible loss of sell momentum?
Trade closed: target reached:
We hit TP. Price dropped before even eaching the points