GBP/AUD bears are strong Short

British Pound/Australian DollarFXCM

Description

⋅ Oct 25, 2020 9:15 PM

RVI Bearish cross and sterling looking weak into next week, could be time to short after last weeks rally of sorts as price enters supply area and good defensive bearish battleground before show the start of bearish breakdown on daily.

Comments

Jame5Gr33n

⋅ Oct 27, 2020 4:27 PM

Do you think this is still the case?

UnknownUnicorn6102956

⋅ Oct 27, 2020 4:35 PM

@Jame5Gr33n, daily chart yes but wait for 4h high to short

Jame5Gr33n

⋅ Oct 27, 2020 4:41 PM

@Feltzilla, Ok thank you very much! I entered yesterday and have been waiting all day for it to hit my first TP at 1,82000 XD

UnknownUnicorn6102956

⋅ Oct 27, 2020 4:42 PM

@Jame5Gr33n, yeah give it some time you may wanna get out though until the 4h high as it might move quite a bit for a fall

UnknownUnicorn6102956

⋅ Oct 27, 2020 4:43 PM

@Jame5Gr33n, as this is the daily chart so apt of the lower timeframes need to line up to make the move happen

Jame5Gr33n

⋅ Oct 27, 2020 4:58 PM

@Feltzilla, Ok thank you very much!!!

UnknownUnicorn6102956

⋅ Oct 30, 2020 2:09 AM

@Jame5Gr33n, yes looks like a good rejection now