Hey guys
Let's take a look at GBPAUD.
Monthly chart is in bearish region . Tenkan providing support for now with macd crossed up. Chikou is below price.
Weekly had false range breakout and price cant hold above. Macd is crossed down. Chikou is in cloud and Kijun support below.
Daily is stuck between tenkan and kijun and macd is crossed up. Chikou is below price.
I am watching it for now. RR is better to the downside looking at monthly chart. Keep an eye on daily price and macd momentum.
Let's take a look at GBPAUD.
Monthly chart is in bearish region . Tenkan providing support for now with macd crossed up. Chikou is below price.
Weekly had false range breakout and price cant hold above. Macd is crossed down. Chikou is in cloud and Kijun support below.
Daily is stuck between tenkan and kijun and macd is crossed up. Chikou is below price.
I am watching it for now. RR is better to the downside looking at monthly chart. Keep an eye on daily price and macd momentum.