BlackTygaTrades

GBPAUD potential retracement buy

Long
OANDA:GBPAUD   Sterlina / Dollaro australiano
After a higher timeframe demand failed, price fell with huge momentum and thus leaving behind a huge imbalance. It quickly lost bearish momentum and and gained bullish momentum instead, breaking structure to the upside which could be a first sign of a retracement up before the expansion down. Price has formed liquidity to take above an establish demand zone it could use to fuel its retracement. The target for potential profit is based on the 4h imbalance.
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.