ITSCRYPTO1

GBPAUD UPDATE

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OANDA:GBPAUD   ポンド/豪ドル
Still very much expecting the move to the M formation neckline as projected in the previous multi timeframe analysis - we closed out our longs yesterday as price found resistance and secured small profits - now on the LTF the price has formed a beautiful wedge formation just above our key 4H demand zone this is a textbook market maker induction pattern, I am monitoring to see a bearish breakout to the low of the week where I will look for long entry confirmations
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