Inizia
TheDayzen

GBP/AUD ARE WE DONE WITH THE "M" RETRACEMENT ?

Short
Sterlina / Dollaro australiano (OANDA:GBPAUD)  
TheDayzen  
OANDA:GBPAUD   Sterlina / Dollaro australiano
Harmonic Patterns Trend Analysis Chart Patterns GBPAUD currency currencytrading short multitimeframeanalysis
2
3
harmonicpatterns trendanalysis chartpattern gbpaud currency currencytrading short multitimeframeanalysis
We have a daily downtrend and we are approaching a strong level of resistance. I believe that the price will bounce from the trendline to complete his way downward. Also from a monthly timeframe we just completed a W formation pattern and the price is almost at the 50% FIB retracement, from that price we expect a strong rejection because it perfectly aligns with a strong resistance by the trendline. This is a 1/4.60 RR setup for the long term.

If you enjoyed this analysis smash that like button and share. If you have a different opinion I would love to hear about it in the comment area below.

Trade safe !!

GBPAUD
Declinazione di responsabilità

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.