gbp/aud trend line resistance, ABCD Pattern

3 ก.พ. 2015

Higher high and lower highs continuously formed, next higher high I believe has been formed, which if the uptrend continues I will be looking for a lower low, with the bottom trend lines.

ABCD pattern confluence.

Buyers seem to not have such a strong presence after the sudden bullish spike.

This is just a template with the basic confluences.