GBPAUD Bullish pressure
March 2 -- GBPAUD
A double bottom on the weekly into a strong support area.
A strong bullish candle on the daily, look almost like a perfect marubozu, no lower wick, opened lower than the previous close.
Both, previous and current candles broke BLB into a strong area in confluence with Fib 78.6% while the market is in consolidation (no strong move since beginning of February).
Also some convergence with RSI on daily.
A negative point is the BMB almost reach on daily TF, but it can be negate with other strong signals.
A double bottom on the weekly into a strong support area.
A strong bullish candle on the daily, look almost like a perfect marubozu, no lower wick, opened lower than the previous close.
Both, previous and current candles broke BLB into a strong area in confluence with Fib 78.6% while the market is in consolidation (no strong move since beginning of February).
Also some convergence with RSI on daily.
A negative point is the BMB almost reach on daily TF, but it can be negate with other strong signals.
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