Get started
HayatoDragonFX

GBPAUD, 4hr tf, holding below weekly resistance

Short
British Pound / Australian Dollar (FX:GBPAUD)  
HayatoDragonFX  
FX:GBPAUD   British Pound / Australian Dollar
Support and Resistance Supply and Demand Candlestick Analysis GBPAUD gbpaudshort gbpaudanalysis gbpaudsetup priceaction priceactionanalysis longleggeddoji Doji
5
5
supportandresistance supplyanddemand candlestick gbpaud gbpaudshort gbpaudanalysis gbpaudsetup priceaction priceactionanalysis longleggeddoji doji

We might finally see this pair drop as well. As you can see, there is a doji candle in the 4hr candle exactly below the resistance. This could be a turning point for GBPAUD.

As long as price hold below 1.8650, we could see GBPAUD going down for a correction.
I will try selling this pair once again.

Sell GBPAUD 1.8630
Stop loss 1.8700
Take profit 1.8420 (3R)

Use only 1-2% risk
Good luck
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.