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Yemi_Fx1
Jan 31, 2024 9:43 AM

Yemi_Fx1 | Short term Sell 📉 on GBPAUD Short

GBP/AUDOANDA

Description

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The overall bullish structure of the pair is bullish as we can see the bullish flag pattern on 4HTF with a preceding high momentum (impulsive) move.

In between this 4HTF pattern there's a formation of a double Top.
And currently price is moving with a momentum. I'm anticipating that price will go into a correction phase (information of a continuation pattern). Therefore we see a short-term sell on this before the major move.
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