GBPAUD Bullish
Bias Bullish
Fundamental Analysis
GBP having strong datas. AUD is still fighting with inflation, no plans to make changes, but data are turning bearish. Leading towards a Bullish bias
Price Action:
Price retrace back to H4 support level. Price rejected from that level and formed a double bottom pattern in H1 TF. Price broke and closed above the H1 resistance level. Price is likely to move higher in a long term.
Set up:
Long Set up at broken Neckline.
SL below double bottom pattern.
TP targeting next swing high H4/Daily resistance level.
R:R 1:3
Fundamental Analysis
GBP having strong datas. AUD is still fighting with inflation, no plans to make changes, but data are turning bearish. Leading towards a Bullish bias
Price Action:
Price retrace back to H4 support level. Price rejected from that level and formed a double bottom pattern in H1 TF. Price broke and closed above the H1 resistance level. Price is likely to move higher in a long term.
Set up:
Long Set up at broken Neckline.
SL below double bottom pattern.
TP targeting next swing high H4/Daily resistance level.
R:R 1:3
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.