apphiapatten
Short

GBPAUD: (H4) Go Short!

FX:GBPAUD   British Pound / Australian Dollar
Analysis:

- Triple top pattern formed underneath resistance area .
- Price broke through and retested this area before pushing off of the 0.382 fib level
- Price is currently forming a bearish candle. Could be another possible retest of the resistance area . Price may be entering a state of consolidation.
- Wait for a confirmation candle.
Comment: The trendline indicates a continuation of the uptrend.

Let's see what happens next...

Comments

The trendline indicates a continuation of the uptrend.

Let's see what happens next...
Reply
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