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VladimirRibakov
Oct 10, 2019 1:19 PM

GBPAUD Buy Idea Short

GBP/AUDOANDA

Description

D1 - 3 higher highs, higher lows structure, currently it looks like a retrace is happening. Price is nearing the uptrend line, bullish hidden divergence.

H4 - Price has reached a critical zone formed by the fibo level of the cycle and the daily uptrend line, potential bullish divergence.

H1 - Potential bullish divergence, until this critical zone holds we may look for bullish setups with bullish evidences in order to join the bulls.



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