I'm new to FOREX trading and this was one of my first technical analysis so please give me criticism and advance it would be greatly appreciated.
GBPAUD shows a downtrend with the price falling bellow the SMA/Volume suggesting a bearish market setting it self up for a short once the resistance on the trend line has been tested. The low trading volume also supports the evidence of a week market, setting up for a potential short.
Again I am new to FOREX and technical analysis so please feel free to give me feedback :)
GBPAUD shows a downtrend with the price falling bellow the SMA/Volume suggesting a bearish market setting it self up for a short once the resistance on the trend line has been tested. The low trading volume also supports the evidence of a week market, setting up for a potential short.
Again I am new to FOREX and technical analysis so please feel free to give me feedback :)