OANDA:GBPAUD   British Pound / Australian Dollar
Weekly:
- Bearish candle
- Bullish MS

*Natural M possible in play
*No indication that bulls are active
*Trading below a strong S an D zone
*No indication that weekly lows are active


Daily:
- Last active power is bearish
- Bearish W with confirmed LL
- IC as S an D zone (Buying and selling orders)

*Bullish candle shows that bulls are not that present (waiting on 4H retrace)

4H:
- Bearish
- H&S with IC and little resistance wick
- Corrective PA

*W Reversal with bearish candle close
*D Bearish W with confirmed LL + selling zone
*4H Bearish with H&S + Corrective PA until my zone of intrest

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.