from the daily time we got a 3rd touch to look for bearish entries and as we go down to lower time frame we can see that we went for the 3rd touch with a correction which got 4 touches and we on our 5th touch and we got a bearing engulfing as a confirmation to enter sells
gbpaud is currently within a descending channel which it rejected and we got an impulse followed by a correction.
risk entry enter@1.77886
reduced risk enter@1.77706
TP@1.76756
SL@1.78243
gold is currently resisting this level as it has done before which could result in a bearish(down trend)and our first potential take profit will be @1832.046 and our second tp @1775.388 and our stop loss @1967.520
