GBPAUD has been reordered at 50% Fib at the renegotiation zone, price has mitigated an order block and has cleared off the Buyside liquidity. Price is presently consolidating around the mitigated order block for a retracement to mitigated and unmitigated order block around the renegotiation and reorder zone.
The retracement decision stands, market will break structure downward and give the Bears a short term trade, after mitigation, the Bulls will have any chance to go long and enjoy the ride up again.
Entry, take profit and stop loss are all well stated on the chat.
Good Luck Guys!
The retracement decision stands, market will break structure downward and give the Bears a short term trade, after mitigation, the Bulls will have any chance to go long and enjoy the ride up again.
Entry, take profit and stop loss are all well stated on the chat.
Good Luck Guys!
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