As you can see the stochastic pointing downward and i think it wil break the channel support line and correction before going down further.
Let me know if you have other perspective , idea, or opinion.
Just comment down below ok ;)
Since two days ago GBPUSD already break the base, and price keep going up.
I assume that GBPUSD will going up til 1.42 before going down or trend reversal.
This is not financial advice, just for educational purpose only.
Educational purpose only, since today have no correction while price going down, i think this is the sign of correction for going lil bit continue going down more.
btw you can give other opinion in comment . cheers.
AUDUSD must correction till touch EMA 90,
Here is my plan to take short at this opportunity
Let me know if you have another opinion.
Keep save, and this is not signal, i just shar what i see.
And don't forget to check daily if you want to validate this short plan.
Since last week i saw many bearish sign, such as bearish divergence and, many daily gaps.
And also this pair behaviour always touch EMA 21,34,90 and SMA 200.
As you can see this chart show is that GBP need to touch EMA 90 before going up more higher.