GBPAUD:đź”´Possible bearish scenarios...!đź”´(Details on caption)
Well, By checking the GBPAUD daily chart, we can see the price grabbed the buy side liquidity then had a bearish reaction, and activated the bearish daily breaker block.
Then to see more details we should check the 1 Hour chart. In 1 hour chart there are two bearish scenarios.
The first one is, that the price takes the liquidity above 1.939 and then falls to sell-side liquidity.
The second scenario is, that the price has a more retracement. In this scenario, the price may move higher to collect the liquidity above the liquidity pool(1.9445) and then start a downward move from OTE.
đź’ˇWait for the update!
🗓️12/03/2024
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