Gbp / Aud analysis with Ichimoku.
I saw that the previous price broke deep in the Ichimoku cloud as an early sign of an uptrend.
when there is a correction, with the volume of the cloud decreasing, when the price goes down and breaks the cloud there will be a twist in the cloud indicating a downtrend.
The possibility that what will happen is that the price will fall until the potential support area intersects with fibo level 0.236 (golden area) in that area, I assume there will be a reversal to continue the upward trend.
I saw that the previous price broke deep in the Ichimoku cloud as an early sign of an uptrend.
when there is a correction, with the volume of the cloud decreasing, when the price goes down and breaks the cloud there will be a twist in the cloud indicating a downtrend.
The possibility that what will happen is that the price will fall until the potential support area intersects with fibo level 0.236 (golden area) in that area, I assume there will be a reversal to continue the upward trend.
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