GBP/AUD - market near support - buy on 1H
market structure is within up trend and searching currently for bottom after breaking the 1.791 resistance and making a new higher high.
I expect down movement to drawn buy area and than bottom building because buyers will enter the market at this price area.
-regular RSI has more space to fall down and that will move the price downways
-stochastic RSI has more space to fall down as well and baselines have crossed bearish which brings sellers into the market within short term
I expect down movement to drawn buy area and than bottom building because buyers will enter the market at this price area.
-regular RSI has more space to fall down and that will move the price downways
-stochastic RSI has more space to fall down as well and baselines have crossed bearish which brings sellers into the market within short term
Comment:
missed the entry by 100 pips - unlucky....
Order cancelled
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
