GBPAUD Short Term Sell Idea Inside A Range

By VladimirRibakov
Updated
H4 - Price has reached the middle of the range after bouncing from the top. Bearish hidden divergence.

Price still has room lower towards the bottom of the range.

H1 - Bearish convergence. Most recent uptrend line breakout.

Expecting further continuation lower after pullbacks.

Comment
The price action followed my analysis and reached the bottom of the range as per the plan!
Bearish PatternsbearishconvergencebearishhiddendivergenceGBPAUDpullbackrangeSELLSupport and ResistanceTrend AnalysisTrend LinesTrend Line Break
VladimirRibakov

Disclaimer