GBPAUD - short trade idea
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GBPAUD
My perspective on GBPAUD
Daily - On the daily timeframe we can see the price broke below a major support and resistance level.
4 hour - We can see the break and retest to the major level and as well as the 50 EMA, where price made a huge wick, which indicates the end of the pullback. It was a good sign to the further downtrend.
My perspective on GBPAUD
Daily - On the daily timeframe we can see the price broke below a major support and resistance level.
4 hour - We can see the break and retest to the major level and as well as the 50 EMA, where price made a huge wick, which indicates the end of the pullback. It was a good sign to the further downtrend.
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