GBPAUD Short Term Sell Idea
D1 - Bearish convergence.
Currently it looks like a pullback is happening.
Expecting the price to create one more push lower towards the key support zone formed by the 38.2% - 50% Fibonacci retracement zones of the bullish trend pattern.
H4 - Currently it looks like a pullback is happening.
Potential bearish hidden divergence.
Until both the strong resistance zones hold my short term view remains bearish here.
Currently it looks like a pullback is happening.
Expecting the price to create one more push lower towards the key support zone formed by the 38.2% - 50% Fibonacci retracement zones of the bullish trend pattern.
H4 - Currently it looks like a pullback is happening.
Potential bearish hidden divergence.
Until both the strong resistance zones hold my short term view remains bearish here.
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.