GBPAUD Textbook Bear Flag

[johnblockbuster]

GBPAUD price had been falling sharply, sellers were in full control, driving the market lower with strong bearish momentum.

Then came a pause. Price started climbing slowly, forming a rising channel. That’s the bear flag. Buyers are trying to recover, but it is weak and hesitant, every push higher is met with selling pressure.
Inside that flag, sellers are waiting for signs of exhaustion. And if price breaks below the structure strongly, that’s the confirmation we need.

I am expecting another impulsive leg down in the direction of the main trend, at around 1.9856.
With this kind of pattern, usually the stop-loss is placed just above the flag.
Keep in mind that this is just an idea, not a trade and not financial advice.

[EmTeam]

Perfect pattern play — breakdown below 1.91 could accelerate the move

[jacson4]

Love when patterns play out this clean — easy short setup. 🧠