🇬🇧/🇦🇺 FX opportunity for the next weeks!
GBP/AUD could be a great choice for the next weeks and here the key points:
1️⃣ Price action: Price reaching a fresh supply zone and creating a divergence with EUR/AUD. The stop hunting is a confirm for me to go short. Now I'm waiting a little retrecement in the daily fresh supply zone to enter short.
2️⃣ Seasonality: The seasonality chart (20 years) indicate us that price could be weak in September.
3️⃣ COT Reports: COTs indicate us that the "BIG Players" (Non-commercial) are short in GBP and AUD both.
This is my analysis and my plan that indicate me that the first target is 2.04200 and the final target is 2.03260.
Tell me your opinion👇🏻
GBP/AUD could be a great choice for the next weeks and here the key points:
1️⃣ Price action: Price reaching a fresh supply zone and creating a divergence with EUR/AUD. The stop hunting is a confirm for me to go short. Now I'm waiting a little retrecement in the daily fresh supply zone to enter short.
2️⃣ Seasonality: The seasonality chart (20 years) indicate us that price could be weak in September.
3️⃣ COT Reports: COTs indicate us that the "BIG Players" (Non-commercial) are short in GBP and AUD both.
This is my analysis and my plan that indicate me that the first target is 2.04200 and the final target is 2.03260.
Tell me your opinion👇🏻
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.