DZ at 1.6800 area , Let us see if the price will reach this zone.
Komen
⋅
Price bounced from 1.6940 (DZ @ 240 min) and broke the first SZ @1.6995 and created DZ at the same area. Let us watch the price when it retest the DZ, it will be good idea to enter the trade.
Komen
⋅
Price failed to break the sz at 1.6995. Watching the price.
Komen
⋅
Still bearish, LH and LL.
Trade with care
Komen
649bruno
⋅
Very nice chart. The work I do suggests that selling in GBPAUD will get stronger in the near term. Forward projections are still bearish. Thank you for your work. Don.