SHORT trade analysis on GBPAUD.
Graph is looking bearish from upper trendline of Falling Wedge and strong resistance zone. Price recently made Hidden Bearish Divergence as well, confirming another fall. Bearish Engulfing Candle may indicate sell on chart too. Trade idea is also shown on RSI indicator.
You can also check analysis from last week on GBPAUD where i already predicted price falling in Falling Wedge.
If you liked this idea or if you have your own opinion about it, feel free to write in the comments.
Graph is looking bearish from upper trendline of Falling Wedge and strong resistance zone. Price recently made Hidden Bearish Divergence as well, confirming another fall. Bearish Engulfing Candle may indicate sell on chart too. Trade idea is also shown on RSI indicator.
You can also check analysis from last week on GBPAUD where i already predicted price falling in Falling Wedge.
If you liked this idea or if you have your own opinion about it, feel free to write in the comments.
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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.
Related publications
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.