By examining the GBPAUD 4-hour chart we can figure out the market structure shifted and the price had a bearish reaction to the bearish breaker block so the structure is bearish now, in addition, there is sell-side liquidity which is the smart money target.

Now the price can drop from here or it can test the bearish order block and then start the downtrend.



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🗓️16/02/2024
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Chart PatternsdaytradingForexGBPAUDgbpaudanalysisgbpaudshortgbpaudsignalGoldTechnical IndicatorssignalTrend AnalysisXAUUSD

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