GBPAUD UPDATE
Also looking attractive here for a potential bearish move during the NY session. Price is currently testing the descending trendline resistance potentially inducing early sellers into the market, there is an area of imbalance above and a beautiful un mitigated order block which created the most recent BOS. Waiting for the 4H close then I would like to see a spike to the upside to remove the stops and trap buyers before we can look for an entry on the LTF. We will be targeting a previous NY session low at 1.8000
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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.