GBPAUD - short trade idea
Updated
GBPAUD
My perspective on GBPAUD
Daily - On the daily timeframe we can see the price broke below a major support and resistance level.
4 hour - We can see the break and retest to the major level and as well as the 50 EMA, where price made a huge wick, which indicates the end of the pullback. It was a good sign to the further downtrend.
My perspective on GBPAUD
Daily - On the daily timeframe we can see the price broke below a major support and resistance level.
4 hour - We can see the break and retest to the major level and as well as the 50 EMA, where price made a huge wick, which indicates the end of the pullback. It was a good sign to the further downtrend.
Trade active
Trade closed: stop reached
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.