GBPAUD: 2 Bearish Patterns ๐ฌ๐ง๐ฆ๐บ
https://www.tradingview.com/x/hm5jQ4ZG/
I see 2 bearish patterns on GBPAUD.
The price formed a rising wedge pattern.
After its support breakout, the market also formed an inverted cup & handle formation.
Both patterns confirm the overbought state of the market.
We can expect a retracement at least to 1.912
โค๏ธPlease, support my work with like, thank you!โค๏ธ
I see 2 bearish patterns on GBPAUD.
The price formed a rising wedge pattern.
After its support breakout, the market also formed an inverted cup & handle formation.
Both patterns confirm the overbought state of the market.
We can expect a retracement at least to 1.912
โค๏ธPlease, support my work with like, thank you!โค๏ธ
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