The Bulls and Bears struggle in 
GBPAUD seems to be coming to a point with price forming a Symmetrical Triangle!
Bears have been keeping price below a Falling Resistance with tests @ 1.8946 and 1.8916 and Bulls keeping price above a Rising Support with tests @ 1.88084 and 1.88449.
Now this pattern can either be a Continuation of trend of a Reversal, which all depends on whether price breaks the Falling Resistance or Rising Support!
Once a valid breakout occurs with a successful retest, this will generate opportunities to take price to either the overhead Resistance or underlying Support levels marked on the chart!
GBPAUD seems to be coming to a point with price forming a Symmetrical Triangle!Bears have been keeping price below a Falling Resistance with tests @ 1.8946 and 1.8916 and Bulls keeping price above a Rising Support with tests @ 1.88084 and 1.88449.
Now this pattern can either be a Continuation of trend of a Reversal, which all depends on whether price breaks the Falling Resistance or Rising Support!
Once a valid breakout occurs with a successful retest, this will generate opportunities to take price to either the overhead Resistance or underlying Support levels marked on the chart!
For All Things Currency,
Keep It Current,
With Novi Fibonacci!
~~~~
Join me in Patterns To Profits on Discord
- Live pattern breakdowns
- No signal selling / - No Guru Hype
- Just structure and probability
- discord.gg/zKWvwJgFq
Keep It Current,
With Novi Fibonacci!
~~~~
Join me in Patterns To Profits on Discord
- Live pattern breakdowns
- No signal selling / - No Guru Hype
- Just structure and probability
- discord.gg/zKWvwJgFq
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
For All Things Currency,
Keep It Current,
With Novi Fibonacci!
~~~~
Join me in Patterns To Profits on Discord
- Live pattern breakdowns
- No signal selling / - No Guru Hype
- Just structure and probability
- discord.gg/zKWvwJgFq
Keep It Current,
With Novi Fibonacci!
~~~~
Join me in Patterns To Profits on Discord
- Live pattern breakdowns
- No signal selling / - No Guru Hype
- Just structure and probability
- discord.gg/zKWvwJgFq
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.