GBPAUD SHORT, every retracement on H4 is a short entry to 1.8 &<

30 במאי 2019

Monthly and weekly tell the same story but the weekly is just more sexy to look at!. with a liquidation channel that has rejected the lower third bounce to make a double top, there usually follows a strong sell straight to retest structure, sub 1.77 and that has been the case with GA and its step sister GBPCAD {NOT ON THE CHART, NEWBIES}. however some catchy retracements may show up on every monthly level of support {marked by red lines} which sellers shouldn't have a hard time breaking in eventually, {marked by the red lines. these give optimal opportunites or better entries especially if you're the 'impatient by design' type, or your ego or account balance cannot afford a big enough stop loss.