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VladimirRibakov

GBPAUD Short Term Sell Idea Inside A Range

Short
British Pound / Australian Dollar (OANDA:GBPAUD)  
VladimirRibakov Updated   
OANDA:GBPAUD   British Pound / Australian Dollar
Trend Analysis Support and Resistance Trend Lines GBPAUD SELL Bearish Patterns range bearishhiddendivergence bearishconvergence Trend Line Break pullback
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trendanalysis supportandresistance trendline gbpaud sell bearish range bearishhiddendivergence bearishconvergence trendlinebreak pullback
H4 - Price has reached the middle of the range after bouncing from the top. Bearish hidden divergence.

Price still has room lower towards the bottom of the range.

H1 - Bearish convergence. Most recent uptrend line breakout.

Expecting further continuation lower after pullbacks.

Comment:
The price action followed my analysis and reached the bottom of the range as per the plan!
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