GBPAUD
Looks like a Wychoff is in play
Price has left a gap that needs to be re-balanced
3 OPTIONS
1 price rejects at current retest and sells to structure - look to enter there
2 price breaks out of the blue structure - enter at the retest
3 price completely breaks down of the yellow support structure - look to sell the retest
Price has left a gap that needs to be re-balanced
3 OPTIONS
1 price rejects at current retest and sells to structure - look to enter there
2 price breaks out of the blue structure - enter at the retest
3 price completely breaks down of the yellow support structure - look to sell the retest
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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.