GBPAUD Sell Idea
The Sell Idea forming because of the bearisch convergence on the Weekly chart indicating a trend reversal.
screencast.com/t/uFqfi741b
This reversal gives us the 1.80 target which is the 50% fibo of the weekly tripple cylce up.
screencast.com/t/ELyUKLKFB
Nevertheless the higher TF trend is bearish, we could trade both ways.
The H1 bullish convergence needs to find a retrace before we can take a long position after which I will look for a sell.
screencast.com/t/ymXDnmV17W
screencast.com/t/uFqfi741b
This reversal gives us the 1.80 target which is the 50% fibo of the weekly tripple cylce up.
screencast.com/t/ELyUKLKFB
Nevertheless the higher TF trend is bearish, we could trade both ways.
The H1 bullish convergence needs to find a retrace before we can take a long position after which I will look for a sell.
screencast.com/t/ymXDnmV17W
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