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PipWisperer
Apr 17, 2023 3:26 AM

GBPAUD SHORT 4HR TF Short

British Pound/Australian DollarFXCM

Description

4H TF: 20EMA crossed the 50EMA to the downside and is currently testing the 100EMA.

Daily: RSI and MACD starting to look bearish

Weekly: I expect a retracement on the weekly TF to at least the 0.236 level, after a bullish run.

GA is still bullish on the monthly TF, so I'd keep an eye on that.

Happy trading!

Trade active

Good entry. Need more momentum to push towards target.
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