GBP/AUD Was looking like a very strong buy until it started a reversal shown on the chart.
It's cleanly started trending downwards with a set of lower lows and lower highs. Price is currently hovering around previous structure low meaning this is a good possibility of a retest.
As the trend is clearly bearish and we're able to enter at a potential high. This is a perfect opportunity to short this pair.
Trend is your Friend :)
Please leave a like and share!
It's cleanly started trending downwards with a set of lower lows and lower highs. Price is currently hovering around previous structure low meaning this is a good possibility of a retest.
As the trend is clearly bearish and we're able to enter at a potential high. This is a perfect opportunity to short this pair.
Trend is your Friend :)
Please leave a like and share!
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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.