When I see this chart on the 1H all I see is anomalies all over the place with price action. Volume tells the picture of what is happening and I believe based on this that institutional money is selling BEFORE they get ready to buy. There are a lot of key pieces we are seeing here compared to what volume and associated price action has done up to this point.

Compare GBPAUD and GBPCAD.
Chart PatternsGBPAUDgbpaudlonggbpnzdlonggpbnzdHarmonic PatternsTrend Analysis
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