GBPAUD Short Term Sell Idea
2020-01-15 21:32:55
D1 - Special or triple cycle completed, currently it looks like a retrace is happening in the form of two waves down,
Price still has room lower towards the 38.2% - 50% fibonacci retracement zone.
Bearish divergence followed by lower lower and then we had a pullback with bearish hidden divergence.
H1 - Bearish hidden divergence followed by bearish continuing divergence. We may now start looking for short term sells with more bearish evidences.