GBPAUD ( BUY OR SELL )

7 May 2020

Ok GBPAUD defitinely has the oppurtunity to go long but I want to see the daily candle lose momentum and get smaller before I buy into this trade. Right now the daily candle is to big and I don't want to go against all that selling power. Possible trade for friday and early next week. If this candle does not get smaller and breaks the 4HR support level it will continue this sell trend. Remember family we don't predict what the market is doing just reacting!

8 May 2020

Not

Update: The last 4HR candle that closed never lost all that momentum and we see that price looks like it will break and close under this most recent resistance. Looking for a long term sell. Looking to get in @ 1.893.