GBPAUD Short idea
If price breaks the rectangle, its going down atleast 150 pips
As line is between the red and blue MAs , shows the market is still in indecision. however the price has crossed out blue line which means its a bearish signal, therefore if it crosses the red line ( which falls precisely on the rectangle) will be our confirmation for sell entry.
TP = 1.75822
As line is between the red and blue MAs , shows the market is still in indecision. however the price has crossed out blue line which means its a bearish signal, therefore if it crosses the red line ( which falls precisely on the rectangle) will be our confirmation for sell entry.
TP = 1.75822
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