Bearish Flag on GBP/AUD @ H4

4 thg 6, 2022

What we see here is a classic bearish flag on the 4-hour chart of the GBP/AUD currency pair (Great Britain pound vs. Australian dollar). It offers a trading setup with a bearish breakout entry potential. The flag and its pole are shown with the yellow lines. My potential take-profit level is marked with the green line (1.71831). My potential stop-loss level is marked with the red line (1.73600). I will wait for the price to close significantly below the flag's lower border before opening a short trade.

6 thg 6, 2022

Đã hủy lệnh

Cancelled due to the pattern invalidation.