ForecastCity

💡Don't miss the great sell opportunity in GBPAUD

Short
FX:GBPAUD   British Pound / Australian Dollar

Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.82728).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. GBPAUD is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 44


Take Profits:
TP1= @ 1.81921
TP2= @ 1.81685
TP3= @ 1.80999
TP4= @ 1.80184
TP5= @ 1.79271

SL: Break Above R2

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Comments

Cool idea. Thanks
+2 Reply
@Lizabet, You're very welcome! We hope you enjoy it.
Reply
Thank you for your ideas.
+2 Reply
ForecastCity davidgolandak
@davidgolandak, Thank you for your comment. We appreciate it
Reply
Thanks for sharing
+2 Reply
ForecastCity sofi_Morphy
@sofi_Morphy, Our pleasure!Thank you for your comment.
Reply
please update GBP pairs direction
+1 Reply
Could be a gorgeous sell here now, great work!
Reply