GBPAUD Creating Lower low at Resistance Area
1) Overall Daily Timeframe is on downtrend
2) The price just create a lower low
3) If the price cannot break the resistance Area of 1.8000 it will lively to go down.
4) Target price at 1.7650 SL at 1.8130 , good reward ratio
if price break 1.78 small support , will give good confirmation to drop lower.
2) The price just create a lower low
3) If the price cannot break the resistance Area of 1.8000 it will lively to go down.
4) Target price at 1.7650 SL at 1.8130 , good reward ratio
if price break 1.78 small support , will give good confirmation to drop lower.
Comment:
price action doing well. seeing a big engulfing candle.
Comment:
Price just break 1.7800 small support , move my SL to BE. Let the profit Run. and add position if the price retrace to 1.7800 , SL at 17950, TP target at 1.7650