GBPAUD APPROACHING A MASSIVE ZONE
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
GBPAUD WHAT'S NEXT!
As we can see price is still overall bearish trading inside this channel making clean lower lows and lower highs as well
Meanwhile, as the price will be approaching around our lower massive zone, support lining up with our lower bound of this channel acting as an over-sold zone, Then we will be looking for new bullish correction movement.
Unless price managed to trade again higher, then we will be looking for a trend-following sell setups around our falling trendline on lower time frame.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
GBPAUD WHAT'S NEXT!
As we can see price is still overall bearish trading inside this channel making clean lower lows and lower highs as well
Meanwhile, as the price will be approaching around our lower massive zone, support lining up with our lower bound of this channel acting as an over-sold zone, Then we will be looking for new bullish correction movement.
Unless price managed to trade again higher, then we will be looking for a trend-following sell setups around our falling trendline on lower time frame.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!