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Expecting a u-turn any moment now. When it arrives, buying opportunities will present themselves. If you’re in this trade now it would be wise to sell high!
Adrian7's Blog
GBPAUD
This is what I am expecting to see on the on hour time frame. Basically, I am looking for this market to break the uptrend and enter into the sell zone. Then I am looking for the market to bounce at the back side of the up trend line and break a counter trend line bearish. I plan on treating this like shampoo. Rinse and repeat!!! I am going to look for counter trend line breaks bearish on the way down of the daily bear pull back.