pips4profit

Short this week.

Short
pips4profit Updated   
OANDA:GBPAUD   British Pound / Australian Dollar
Yellow trend like looks like some type of top of a trend line. Price broke the wedge Friday we can easily look now to retest that lower green trend line. it could hit that or the blue box is just where there as some wicks. Might be the entry point for a Buy not really sure how the wick box works but any insight its good stuff. with the brexit going on just watch price we may even retrace a little bit and not test the break and go up. This is all technicals with no fundies. Based off the candles off the H4 it may retrace or we can see a bullish flag or pennant on the H1 and base are entries off that, if it breaks buy or fails go short.
Comment:
Short is not for all week. look for a buy Tuesday if price test trend lines and good data back the GBP.
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