TradingView
apphiapatten
Mar 16, 2019 10:05 PM

GBPAUD: (H4) Go Short! Short

British Pound/Australian DollarFXCM

Description

Analysis:

- Triple top pattern formed underneath resistance area.
- Price broke through and retested this area before pushing off of the 0.382 fib level
- Price is currently forming a bearish candle. Could be another possible retest of the resistance area. Price may be entering a state of consolidation.
- Wait for a confirmation candle.

Comment

The trendline indicates a continuation of the uptrend.

Let's see what happens next...
Comments
apphiapatten
The trendline indicates a continuation of the uptrend.

Let's see what happens next...
More