StravinskyTrades

GBPAUD 60, for 3R

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StravinskyTrades 已更新   
OANDA:GBPAUD   英鎊/澳元
It looks to be forming the same bearish engulfing bar immediately after a retracement as it has done twice before as shown by the red arrows. The 20MA is below the 200MA and the Stochastic RSI is at an extreme high, indicating a new turn downward. It looks good to continue the downtrend. Target is the next previous support area which also aligns with the price cycle.
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