Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
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GBPAUD
Multi-timeframe analysis
Daily view (structural timeframe) : it has failed to make higher high and made lower low.
4 hour (behavioural timeframe) : it has given breakdown of trendline.
1 hour (entry timeframe) : it has formed triple top and gave breakdown.
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Now in 1 hour timeframe wait patiently for bearish correction and breakout then we could see downside continuation.
.
GBPAUD
Multi-timeframe analysis
Daily view (structural timeframe) : it has failed to make higher high and made lower low.
4 hour (behavioural timeframe) : it has given breakdown of trendline.
1 hour (entry timeframe) : it has formed triple top and gave breakdown.
.
Now in 1 hour timeframe wait patiently for bearish correction and breakout then we could see downside continuation.
Note
Now currently Bearish Engulfing candle hs formed on the retest level , after breakdown of that candle's low we can see downside movement. Thank you.Note
It has given brekdown. now ready for some downside move. :)
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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.