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GBPAUD Daily Sell - 4hr pinbar, multiple rejections

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Paun British / Dolar Australia (FX:GBPAUD)  
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FX:GBPAUD   Paun British / Dolar Australia
Trend Analysis Chart Patterns Wave Analysis
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trendanalysis chartpattern waveanalysis
GBPAUD is currently at a major resistance zone. Today, it has pulled up and then retreated back to the selling zone within a 4hr timeframe, which formed a nice 4hr pinbar. This indicates that a short-term selling phenomenon has been confirmed. Therefore, we could consider taking a daily sell with the previous support level as the target.
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Closed at the breakeven +0%
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