GBPAUD SELL . PICTURE PERFECT .!!!
this is almost a picture perfect of our primary knowledge of descending structure , LOWER HIGHS AND LOWER LOWS , a beautiful PATTERN - DESCENDING CHANNEL -structure
HERE ARE MY MAIN BIASES FOR THE MARKET - SELLING PRESSURE - Here is my catch
from this position we are looking for a chance for the market to head here at the previous lower high (resistance zone ) the n we dig deeper to entry times for a confirmation for a shorting chance
from this position we are waiting for the markets to break through the support and give us a clear , test and retest , this will give us a chance to dig deeper in the lower time frame and therefore look for a chance to short the market
here is my probability on the bull
otherwise the break of this resistance zone , we will clearly wait for a retest and look for chances to buy to the next resistance zone . entry should be in the lower time frame . after a confirmation
remember . let the market do its this and thenn react
HERE ARE MY MAIN BIASES FOR THE MARKET - SELLING PRESSURE - Here is my catch
from this position we are looking for a chance for the market to head here at the previous lower high (resistance zone ) the n we dig deeper to entry times for a confirmation for a shorting chance
from this position we are waiting for the markets to break through the support and give us a clear , test and retest , this will give us a chance to dig deeper in the lower time frame and therefore look for a chance to short the market
here is my probability on the bull
otherwise the break of this resistance zone , we will clearly wait for a retest and look for chances to buy to the next resistance zone . entry should be in the lower time frame . after a confirmation
remember . let the market do its this and thenn react