GBPAUD Overview week commencing on the 13th Dec. 2021
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Weekly chart - closed strong bearish engulfing 2 weekly candles. Could still some bearish for this week. https://www.tradingview.com/x/32Z7ZDnf/ Daily Chart - broke minor level of support came back around the area of previous resistance and rejected (could we come lower or potentially start raging?) Previous Daily candle - doji showing some indecision around the "minor" support which can now potentially become support. https://www.tradingview.com/x/BOZmg45d/ H4 Chart - Previous level of support broken and being retested a potential resistance now, in line with 38.2% Fib level. https://www.tradingview.com/x/JB1yjfia/ 30m Chart - ABC corrective (just reach TP level and new level of resistance established), 2 approaches can be taken: Aggressive approach: if a double top scenario happens then short at the double top! Conservative approach: wait for bearish confirmation on 30m Chart break of support level (then retest as resistance) before shorting https://www.tradingview.com/x/rXV47SES/ Follow up as the week goes on....
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.