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skydansh

Strong Intersection

British Pound / Australian Dollar (OANDA:GBPAUD)  
skydansh  
OANDA:GBPAUD   British Pound / Australian Dollar
Trend Analysis Beyond Technical Analysis
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trendanalysis beyondta
The price could just break the lower red line as a strong daily uptrend and after a nice pullback, the chart is bouncing on it.
on the other hand this red line is intersecting with our upper line of the channel (the downtrend white channel) which cause the circle zone be formed.

get the confirmation from 4H.

Goodluck...
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