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GBPAUD SHORT trading leg C - D

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Libra Esterlina/Dólar Australiano (FX:GBPAUD)  
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FX:GBPAUD   Libra Esterlina/Dólar Australiano
Trend Analysis Harmonic Patterns Chart Patterns GBPAUD gbpaudshort harmonicforex harmonicmoves short shortsetup longterm
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trendanalysis harmonicpatterns chartpattern gbpaud gbpaudshort harmonicforex harmonicmoves short shortsetup longterm
We're seeing a nice rejection off a critical zone on GBPAUD. Long term swing down to complete this harmonic patter 1:5 risk to reward.

Price may come back up to retest the high and create a double top off this zone before shooting back down.
Comentário:
additional confluences- price broke the daily ascending trend line . The pull back is a retest. Price is also forming the right shoulder of a HNS
Comentário:
consolidation here to accumulate volume. For anyone who hasn't gone in this is a nice triple top for an entry with low risk and high rewards.
Trade ativo:
buyers are exhausted. We should see a nice drop coming this week or next week. Let's see how this weekly candle closes by friday
Trade ativo:
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