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chiefcapitalfx

gbpaud bearish set up

Short
British Pound / Australian Dollar (OANDA:GBPAUD)  
chiefcapitalfx  
OANDA:GBPAUD   British Pound / Australian Dollar
Trend Analysis Chart Patterns GBPAUD Bearish Patterns Support and Resistance Bearish Flag 1hr 4hr
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trendanalysis chartpattern gbpaud bearish supportandresistance bearishflag 1hr 4hr
On the gbp/aud setup, I see bearish momentum regarding the resistance zone being touched.

This is in confluence with resistance trendline + resistance zone + bearish flag. On top of that, 1hr timeframe shows the cross over of MA's so wait for price to break through red MA before entering.

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