GBP/AUD Short Daily double top, daily tweezers
Daily double top with daily tweezer rejection. First target being daily 49EMA and based on momentum two thing could happen:
1.Price could smash right through the daily EMA and continue with the overextended bearish momentum.
2. Weekly double bottom could play out and price could reject daily 49EMA forming HL giving potential long position.
1.Price could smash right through the daily EMA and continue with the overextended bearish momentum.
2. Weekly double bottom could play out and price could reject daily 49EMA forming HL giving potential long position.
