đ„GBPAUD - LONG TO 1.86300 OR SHORT TO 1.77401
As we can see on the chart, the market is ranging i.e. the market is in consolidation. Price just hit the supply zone within (1.84105 - 1.85300).
Therefore, price can break the supply zone upward to 1.8630 or fall back to the demand zone.
We need the present daily candle to close with a reversal candle or continuation candle to confirm whether it's good to buy or sell.
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Therefore, price can break the supply zone upward to 1.8630 or fall back to the demand zone.
We need the present daily candle to close with a reversal candle or continuation candle to confirm whether it's good to buy or sell.
What do you think?
Share your opinion in the comment sectionâïž
Please support this idea with a LIKEđ if you find it usefulđ„ł
Follow me to receive more updates on this pairđ€
Happy Tradingđ°đ„łđ€
Trading Involves High Riskâ ïž
Not Financial Adviceđž
Use Proper Risk Managementđč
Thank you for your support!đ
NB: If you would like to have one-on-one interaction with me about analysis of coins or currency, DM me.