GBP/AUD can Be Bullish But we shall wait a Bit more!

Hello every one
BRITISH POUND / AUSTRALIAN DOLLAR

🟡let's Take a Look at Forex after a Long Time Shall we? So GBP/AUD has formed an Ascending Triangle and It's not Looking Good for a Break out Right now Because The Price has Regular Bearish Divergences (-RD) on Both MACD and RSI Indicators which means There is Still Time For Correction & We can't See a Break out Yet. So If Break out Happens Soon, We Can See The Price To Increase as Much as The Measured Price Movement (AB=CD) which a Great Resistance Sits There as well ! So This Prediction is not Far From mind!

Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!

Thank you for seeing idea .
Have a nice day and Good luck.

Trade geschlossen: Ziel wurde erreicht