GBPAUD SHORTS
Weekly: price is reaching a resistance that has not been broken since March 20' with this being the third attempt since then.
Daily: price is rejecting for the third time level of resistance at 2.01000
4h: bullish structure. Now rejecting from round psych level.
1h: I am expecting price to continue its move down, breaking and creating previous/new lower low at 2.00000 which is also an interesting round psych level
Daily: price is rejecting for the third time level of resistance at 2.01000
4h: bullish structure. Now rejecting from round psych level.
1h: I am expecting price to continue its move down, breaking and creating previous/new lower low at 2.00000 which is also an interesting round psych level
Note
Important to consider 4h and 1h TF for entries.
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