Search
  • Vasily Trader

GBPAUD: Bearish Wave From Key Level (forecast)



Hey traders,


GBPAUD reached a peculiar confluence zone.

We see a nice match between a resistance line of a major rising channel and a horizontal key structure.


As a confirmation, the price broke below a rising wedge on a 4H after a test of a confluence point.


Now I expect a bearish move to 1.811/1.806


If you missed entry, wait for a retest of a wedge's support.

0 views