Pair Name : GBPAUD
Time Frame : 15 MIN
Scale Type : SMALL
price has broken structure to the downside on the 1 min and 3 min and is now trading at a 1hr Support area and has had a false break above the previous 1hr high which presents it self as equal highs on the 5 min timeframe
Reason for trade
Price trading at 1Hr resistance & a false break above, the previous 1hr high
PRICE IS BEARISH
price has made a significant retracement into the 61.80 area
Don't trade without a stop loss ALWAYS MANGE RISK!!!!!!!!
Time Frame : 15 MIN
Scale Type : SMALL
price has broken structure to the downside on the 1 min and 3 min and is now trading at a 1hr Support area and has had a false break above the previous 1hr high which presents it self as equal highs on the 5 min timeframe
Reason for trade
Price trading at 1Hr resistance & a false break above, the previous 1hr high
PRICE IS BEARISH
price has made a significant retracement into the 61.80 area
Don't trade without a stop loss ALWAYS MANGE RISK!!!!!!!!
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.
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.