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fxdonno
Apr 12, 2024 12:39 AM

GA POTENTIAL SHORT Short

British Pound/Australian DollarFXCM

Description

GA his currently on a down trend but with momentum slowing down we need to be cautious trading this pair as this pair is highly volatile and does not always obey structure. Use great Risk management if trading this pair.
Comments
FXCM
The identified sell zone looks solid as the price has respected it multiple times in the past. I suspect the price might be below the Ichimoku cloud, which is a good sign of bearish momentum coming to the market. Let's see how this plays out. I'll keep an eye on it.
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