#OANDA #FOREX 1hour Timeframe $GBPAUD small dump incoming?
#OANDA #FOREX 1hour Timeframe $GBPAUD
The medium trend is down. Resistance above will be cleared with moves through 1.77164 (top).
Medium timeframe indicators are showing consolidation.
The minor trend is sideways/up.A trade through 1.777 will change the minor trend to up. This will shift momentum to the upside.
Short term indicators are showing sideways with slight upward orientation.
-RSI: 60.06
-MACD: Bullish posture, coming closer.
-EMA:confluent with minor and medium trend
OUTLOOK
Expecting start of BEARISH Cycle.
Cycle end time : Minimum: now +8 hours (TP1)
Maximum: now +22 hours (TP3)
Cycle duration: 8-22 hours
Cycle Targets: 1.76046 ; 1.75515 ; 1.75036
Disclaimer : No financial advise, only for educational purpose!
Every like and follow is welcome. Check my profile here for used indicators for free!
The medium trend is down. Resistance above will be cleared with moves through 1.77164 (top).
Medium timeframe indicators are showing consolidation.
The minor trend is sideways/up.A trade through 1.777 will change the minor trend to up. This will shift momentum to the upside.
Short term indicators are showing sideways with slight upward orientation.
-RSI: 60.06
-MACD: Bullish posture, coming closer.
-EMA:confluent with minor and medium trend
OUTLOOK
Expecting start of BEARISH Cycle.
Cycle end time : Minimum: now +8 hours (TP1)
Maximum: now +22 hours (TP3)
Cycle duration: 8-22 hours
Cycle Targets: 1.76046 ; 1.75515 ; 1.75036
Disclaimer : No financial advise, only for educational purpose!
Every like and follow is welcome. Check my profile here for used indicators for free!
