GBP/AUD - indicators screaming for correction - cup and handle
After todays small rally in 1HR chart the price is looking for an correction. Current chart is forming an cup and handle with good risk/reward ratio for short order.
All indicators are heavy or near heavy overbought. MACD is looking for an bearish crossing of baselines. Target and stop loss is drawn in the chart.
Good luck to all
All indicators are heavy or near heavy overbought. MACD is looking for an bearish crossing of baselines. Target and stop loss is drawn in the chart.
Good luck to all
Trade fechado: stop atingido
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
