GBPAUD: Bearish Cycle Started
We have shifted from a bullish market into a bearish one.
However, price has begun to lose momentum which suggests to me that a retracement is likely.
We have several liquidity points on the buys that need to be targeted before we can begin to look at selling with the trend again.
Do you like the look of this chart?
Please, support this post with a like and comment!
However, price has begun to lose momentum which suggests to me that a retracement is likely.
We have several liquidity points on the buys that need to be targeted before we can begin to look at selling with the trend again.
Do you like the look of this chart?
Please, support this post with a like and comment!
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.