GBP/AUD SHORT OPPORTUNITY ( DON'T MISS IT!!! )

12 May 2019

VERY SIMPLE AND CLEAN GBPAUD MONTHLY CHART WE CAN SEE THAT PRICE AS WE EXPECTED IS REJECTING THE PREVIOUS MONTHLY SUPPORT NOW TURNED RESISTANCE, THIS LEVEL IS EXACTLY THE 61.8 FIBONACCI RETRACEMENT OF THE BIG MONTHLY IMPULSE LEG AND IS AN EXTREMELY MAJOR ZONE, GIVEN THIS VERY STRONG CONFLUENCE WE ARE EXPECTING A BEARISH MOVE ON THE PAIR AND WE WILL BE MONITORING PRICE ACTION ON LOWER TIMEFRAMES TO EXECUTE OUR TRADE WHEN ARE RULES WILL BE MET.

14 May 2019

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