This is a potential short on the GBPAUD. Price on the daily has pulled back into a nice spot where it meets tendline resistance. On the 4 hour this manifests as a nice bear flag. Price has already broken out of the 4 hour flag, but will see what it looks like on close of the current 4 hour candle. Could be a short here down to the next level of support at 1.7277
Kommentera:
We already caught a big move down on this pair which i posed before and this could be the next swing