Gbp/Aud H4 with Ichimoku Cloud Analysis - another point of view

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Gbp / Aud analysis with Ichimoku.

I saw that the previous price broke deep in the Ichimoku cloud as an early sign of an uptrend.

when there is a correction, with the volume of the cloud decreasing, when the price goes down and breaks the cloud there will be a twist in the cloud indicating a downtrend.

The possibility that what will happen is that the price will fall until the potential support area intersects with fibo level 0.236 (golden area) in that area, I assume there will be a reversal to continue the upward trend.

Penafian

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