GBPAUD H4 Sell:
- Daily double top
- Rejected H4/D1 resistance zone
- Strong bearish daily candle close
Need confirmation:
- We may see a bounce from daily trendline breakout
- Price does a retest to the resistance (for optimal entry)
Entry:
- Enter between: 1.89800 - 1.89700
- Stoploss: 1.90300-1.90350 (Above previous candle wick)
- Take profit: 1.83600 (Bottom of bullish channel)
- Daily double top
- Rejected H4/D1 resistance zone
- Strong bearish daily candle close
Need confirmation:
- We may see a bounce from daily trendline breakout
- Price does a retest to the resistance (for optimal entry)
Entry:
- Enter between: 1.89800 - 1.89700
- Stoploss: 1.90300-1.90350 (Above previous candle wick)
- Take profit: 1.83600 (Bottom of bullish channel)