GBPAUD 1.79296 -0.64 % * CONTINUATION PATTERNS

Good Day Traders

A look at the GBPAUD PAIR on a 1H chart, looking for continuation to the down side as that is the sentiments on higher time-frames the pair is at a resistance level which saw a couple of rejections at level 1.79272 now we see some increased momentum to the downside with the bears looking for a break of this level and a push down then see whether we are continuing with the bears or look out for reversal patterns lets see how it goes...

Good luck and happy trading everyone


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ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH
RISK-MANAGEMENT
PERIOD - DAY TRADE

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Trade active:

A push down with the bears confirmed after the strong momentum down let's see where to from resistance level... Still good opportunity for aggressive traders on lower time-frames

Trade closed: target reached

Trade closed: target reached:

Second trade successful