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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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.