GBPAUD short coming up
Looking at GBPAUD today it seems we're heading into a nice potential PRZ.
We have a 4h LH, previous 1h rejection candle, previous supply zone and an overall bias to the downside given that 4h and 1h are currently bearish.
If we get a nice rejection from the PRZ and can confirm with a CHoCH (and therefore re-alignment) on 15m, I'll be looking to short.
We have a 4h LH, previous 1h rejection candle, previous supply zone and an overall bias to the downside given that 4h and 1h are currently bearish.
If we get a nice rejection from the PRZ and can confirm with a CHoCH (and therefore re-alignment) on 15m, I'll be looking to short.
Ordre annulé
Well price just closed 1.4 pips above our previous high on the 1h, invalidating this trade.
Maybe it will still play out, but because it violated the previous high (even by a tiny amount) I won't be taking this one.
Trade safe!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.