GBPAUD - Short top consolidation channel - bearish continuation
Good opportunity for a short top of channel for a 5th wave down
If we move up beyond channel, there will be a better opportunity for a larger short at the TL
Profit targeting 886 and TL alignment.
Full Channel RSI Divergence noted for a stronger move down, not up.
If we move up beyond channel, there will be a better opportunity for a larger short at the TL
Profit targeting 886 and TL alignment.
Full Channel RSI Divergence noted for a stronger move down, not up.
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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.