Gbp/Aud update today with H1 time frame, a strong indication of
Gbp/Aud update today with H1 time frame, a strong indication of selling pressure.
Looking at this H1 chart, there is a line of doji candles like the ones I marked as H on the chart, I see this candle as H1 resistance with the strengthening of the horizontal kumo cloud area (arrow) indicating that this cloud is strong support. With a 1:2 risk, I dared to make a decision to short this pair.
Looking at this H1 chart, there is a line of doji candles like the ones I marked as H on the chart, I see this candle as H1 resistance with the strengthening of the horizontal kumo cloud area (arrow) indicating that this cloud is strong support. With a 1:2 risk, I dared to make a decision to short this pair.
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.
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.