#OANDA #FOREX 1hour Timeframe $GBPAUD small dump incoming?

2020年9月16日

#OANDA #FOREX 1hour Timeframe GBPAUD


The medium trend is down. Resistance above will be cleared with moves through 1.77164 (top).

Medium timeframe indicators are showing consolidation.

The minor trend is sideways/up.A trade through 1.777 will change the minor trend to up. This will shift momentum to the upside.
Short term indicators are showing sideways with slight upward orientation.

-RSI: 60.06
-MACD: Bullish posture, coming closer.
-EMA:confluent with minor and medium trend



OUTLOOK
Expecting start of BEARISH Cycle.
Cycle end time : Minimum: now +8 hours (TP1)
Maximum: now +22 hours (TP3)
Cycle duration: 8-22 hours
Cycle Targets: 1.76046 ; 1.75515 ; 1.75036
Disclaimer : No financial advise, only for educational purpose!
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