GBPAUD has been in an ascending channel on the weekly timeframe and currently heading to the resistance but price has given a clear reversal indication by printing a bearish butterfly pattern and having it's point D at the resistance..
Entry for Short/Sell at point D - the red circle which is exactly at the resistance of the ascending channel.
Entry for Short/Sell at point D - the red circle which is exactly at the resistance of the ascending channel.
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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.