GBPAUD H4
GBPAUD H4
Price has been moving in a downtrend forming LH’s & LL’s while also rejecting key fib levels at the moment.
Risk to Reward is around 3:1
We’d like for price to stay below 1.8300 overall for this setup to play out.
If price can break below our Trend line around 1.8200 then GA can push down towards 1.8100 - 1.8000 support level.
(Keep in mind high impact AUD news today at 6:30pmPST)
Price has been moving in a downtrend forming LH’s & LL’s while also rejecting key fib levels at the moment.
Risk to Reward is around 3:1
We’d like for price to stay below 1.8300 overall for this setup to play out.
If price can break below our Trend line around 1.8200 then GA can push down towards 1.8100 - 1.8000 support level.
(Keep in mind high impact AUD news today at 6:30pmPST)
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