GBPAUD Higher Time Frame Continuations Sell

Updated

Hello everyone:

I am also seeing good bearish opportunities on GBPAUD for continuation bearish price action.

We see price had a strong HTF impulse down, and begin to form a larger, deeper expanding structure.

Latest price shows a LTF impulse phrase, and followed by a potential continuation structure in the making.

Expect further bearish correction will form along the way to bring down the price to the lows of the HTF structure, and re-evaluate to see if price will continue down further.

Thank you


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Chart PatternscorrectionFlagimpulseParallel ChannelpatternpriceactionstructureWedge

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