GBP/AUD-4 hour analysis
Hello everybody!
-On 4 hour time frame we can see that price may form head and shoulders pattern because price retested lets say"neck line" and did not break trough yet,that is one option in my opinion and second option is that the price will break trough because strong pressure of sellers because GBP is very weak right now and AUD is very strong.
-In my opinion the price will go bearish in both cases...But that is just my opinion.
THANKS FOR READING!
-If you have some different opinions please let me know and if you like this please hit that like button and give me support,i will appreciate every support.
-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.The information given is not a Financial Advise.
-On 4 hour time frame we can see that price may form head and shoulders pattern because price retested lets say"neck line" and did not break trough yet,that is one option in my opinion and second option is that the price will break trough because strong pressure of sellers because GBP is very weak right now and AUD is very strong.
-In my opinion the price will go bearish in both cases...But that is just my opinion.
THANKS FOR READING!
-If you have some different opinions please let me know and if you like this please hit that like button and give me support,i will appreciate every support.
-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.The information given is not a Financial Advise.
Penafian
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