From the chart we can see upper shadows formed on GBP/AUD . Might re-visit 1.819 support area next week watch closely. A closed bearish candle will be our sell signal.
From the weekly chart, we have a hunting stop candle during 6 May. Followed by a gap down on 20 May with price trying to close the gap but failed, and in this week price was trying to close the gap but also failed. This is a high probability down trend formation.
From the weekly chart, we have a hunting stop candle during 6 May. Followed by a gap down on 20 May with price trying to close the gap but failed, and in this week price was trying to close the gap but also failed. This is a high probability down trend formation.
Comment:
Sell limit triggered
Comment:
-72 pips trade idea failed
tp 1.81926
sl 1.845