GBP/AUD Target

14 בפבר׳ 2021

I have been selling this pair each time the Heikin-Ashi candle closed red below the Donchian mid-point line. I believe another leg down is on the cards and my long term target price is currently 16179. This is based on the weekly chart and retrace from the high of 20851 in March 2020.

15 בפבר׳ 2021

הערה

Not shorting yet. Important to wait for it to close below the Donchian mid-point line which I think it will do in the coming days.