GBPAUD SELL

14 Şub 2021

Forming lower highs after failing to continue above the green zone. Recently broke bellow the up trend line and in a pull back lost strength and formed an indecision candle. It should come and fill in the price void bellow its current consolidation. the T/p s are the pink lines, marking previous levels of demand looking to take 50% at first t/p which is also an IC on the daily time frame. Its currently bellow the 200 day moving average so shows its in a bears market so this could be a perfect ease for a sell. Price looks like it could be forming a head and should should this sell could form the right shoulder so I'm not too sure how long trade could last, thus why I'm take 50% at t/p 1 then closely watching it. Overall could be a nice swing :]

15 Şub 2021

Not

On the other hand if price does rise and breaks above the green zone ill buy on the ease

20 Şub 2021

Not

If im going to be honest, GBPAUD is playing around too much. At this point if a break bellow does occur then im 80% sure it would only reach TP1. The most likely outcome now is the right shoulder is formed and we start the uptrend. ONLY TIME WILL TELL

25 Şub 2021

Not

Now time has told its story and GBPAUD came to T/P 1 as i said now it pulled back harddd.

28 Şub 2021

Not

And my as i said i was sure GBPAUD would hit T/P 1 which it did and shot back up, i saw all this coming. as GBPAUD was reluctant to break earlier after many tests of the support