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apphiapatten

GBPAUD: (H4) Go Short!

Short
British Pound / Australian Dollar (FX:GBPAUD)  
apphiapatten Updated   
FX:GBPAUD   British Pound / Australian Dollar
Support and Resistance Fibonacci Chart Patterns tripletop Fibonacci Retracement
5
1
supportandresistance fibonacci chartpattern tripletop fibonacciretracement
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...
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