GBPAUD

13 Oca 2022

Beautiful example of a valid mitigation that nearly became a CHoCh (Change of Structure). Now we have a W pattern being made, I expect price to grab liquidity in order to push down again. This is a 1 hour/15 mins trade as we cannot see the W on the 4H. Wait for the retracement, then enter on a reversal candle. Try and catch the right retracement, it might be the 38,2 , the 50, or it even might mitigate back up to the bearish OB