On this 4H chart for GBPAUD, you can notice that the price is forming a potential Rising wedge. The price is currently hitting a strong Resistance range. The wedge can provide a breakout here or go to a higher level and still provide a valid breakout. Monitor for development around those levels
Additional confluence: Strong RSI Divergence
Additional confluence: Strong RSI Divergence
Order cancelled:
Price broke above the pattern. Pattern is invalidated