As with my previous trade, GA should follow the pattern.
Looking to sell GBPAUD , hold two position targeting target area. Looking for 100+ pips.
GBPAUD has been struggling to break below the Support, With Large divergence forming on the H4 timeframe and structure being formed and respected I am bias to seeing a long impulse coming. I see either of the two scenarios: Price Breaks through zone and retest to start its bullish run it respects the zone and pulls back to give second entry into the trade to Form...
Technical analysis: . GAS/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 64. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.01860000 to 0.01650000). if so, traders can set orders based on Price...
Analisis Tecnico: Mensual: - Rechazo de un nivel fuerte, 61,8%. - Vela envolvente bajista. Semanal: - Rechazo triple de un nivel fuerte. - Formacion de patron W Diario: - Rompimeinto de estructura de las velas. - Dos velas de rechazo fuertes en un soporte semanal 4 Horas: - Tendencia bajista, posible retroceso en camino, estar pendiente de scuando tomar...
Price has rallied back to the .87000 point of interest, Structure aligned with TDI & Zone is pointing out that we now need to be looking for confirmation to go short.
GA within -61.8 & -78.6 fib extension and liquidity zone
GBP AUD to complete it's next downside leg. Multiple rejections off the 61.8% FIB, one off the 71% and a third bounce off the descending TL.
Lets wait and price will tell us when to jump Still bottom break are on point (even better situation for us) Watch the full market overview on my youtube channel www.youtube.com