GBPAUD BEARISH SCENARIO
SHORT trade analysis on GBPAUD.
Graph is looking bearish from resistance area all the way down to support zone. I found Regular Bearish Divergence which signalizes bearish continuation. Bearish Engulfing Candle also indicates sell on the chart. On smaller 4h timeframe is clearly seen Head and Shoulders Pattern which confirms possible price drop. Trade idea is also shown on RSI indicator.
If you liked this idea or if you have your own opinion about it, feel free to write in the comments.
Graph is looking bearish from resistance area all the way down to support zone. I found Regular Bearish Divergence which signalizes bearish continuation. Bearish Engulfing Candle also indicates sell on the chart. On smaller 4h timeframe is clearly seen Head and Shoulders Pattern which confirms possible price drop. Trade idea is also shown on RSI indicator.
If you liked this idea or if you have your own opinion about it, feel free to write in the comments.
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