GBPAUD - Presents another short opportunity

2019-11-29 14:02:41

PAIR IN FOCUS: GBPAUD
ACTION: SHORT
HORIZON: SHORT TO MEDIUM-TERM

After a successful short on bearish RSI divergence for this pair, we have another opportunity given. Bearish RSI divergences are present in both Daily and H4 time frames, offering a short opportunity. Look out for bearish price action before any entry.

The TP levels are indicated on the chart. The 2nd TP level is a medium-term target. Remember to manage your risk!

Feel free to discuss and comment, Cheers!

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