Pin bar on resistance line
GBP/AUD is planing to resume its bearish trend rally after 4 days of bull trend.
Note
1D Chart :If today bar close as a classic bearish pinbar then tomorrow will probably be a bearish bar day.
the candlestick were not able to hold and close above the 20 EMA, which means we have more seller then buyers.
4H Chart:
price must close below the neckline. the retest it for confirmation.
Note
broke below the neckline time to sell after retest of the neck line and the EMA
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