GBPAUD Potential Short?
I'm new to FOREX trading and this was one of my first technical analysis so please give me criticism and advance it would be greatly appreciated.
GBPAUD shows a downtrend with the price falling bellow the SMA/Volume suggesting a bearish market setting it self up for a short once the resistance on the trend line has been tested. The low trading volume also supports the evidence of a week market, setting up for a potential short.
Again I am new to FOREX and technical analysis so please feel free to give me feedback :)
GBPAUD shows a downtrend with the price falling bellow the SMA/Volume suggesting a bearish market setting it self up for a short once the resistance on the trend line has been tested. The low trading volume also supports the evidence of a week market, setting up for a potential short.
Again I am new to FOREX and technical analysis so please feel free to give me feedback :)
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