4hr
chartpattern
gbpaud
gbpusd
long
major
short
trendanalysis
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As you can see the Daily resistance has been rejected several times . - On the 4hr there is a support zone - if the support zone breaks on the 1hr chart then it can move very bearish => see arrow.
0
As You can see the support zone on 4hr has been broken and candle has closed under the zone. - Now on the 1hr , a flag has been forming so if the candle breaks the flag then there will be a +- 40 pip down movement.
2
As you can see the inner trendline has broken on the 4hr. I'm waiting for a retest on the orange zone and will go for a potential Buy to hit the Major trendline.
0
If the Candle closes under the trendline on the 4hr then there is a possible rejection. The market will move bearish .
5
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