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halian2k
Feb 1, 2024 7:24 AM

GBPAUD Bearish Show Double Top 4h & Daily Divergence  Short

British Pound/Australian DollarFXCM

Description

GBPAUD shows bearish reversal pattern with double top and daily/4H divergence. Price is at strong daily resistance with MyFxBook showing short percentage of more than 90%. High chances of price retracement to 50-61.8%. Placed a sell stop at previous LH. What do you think about this idea?
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