GBPAUD: Analysis
What's up traders,
There is a triple top formed on the 15 minute, i'm waiting for price to fall and hit my entry (1.77118). As you guys know there was a huge gap this week and price has not retraced to the area that it gapped from. With there being a triple top i'm waiting to see if price will reverse and head to the last sessions low which is where I have my t/p 1. Right now price looks like it could go down but its retracing to the upside one more time before the fall, but things could change beginning of London session which is approaching in a few hours. Goodlcuk to you all, leave a comment below!
There is a triple top formed on the 15 minute, i'm waiting for price to fall and hit my entry (1.77118). As you guys know there was a huge gap this week and price has not retraced to the area that it gapped from. With there being a triple top i'm waiting to see if price will reverse and head to the last sessions low which is where I have my t/p 1. Right now price looks like it could go down but its retracing to the upside one more time before the fall, but things could change beginning of London session which is approaching in a few hours. Goodlcuk to you all, leave a comment below!
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