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GBPAUD H3: Accumulation // BUY LOW // TP +400 pips (SL/TP) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. Tagged as LONG because I expect short-term pullback before reversal later near 7740(BULLS)
🔸 Summary and potential trade setup ::: GBPAUD 3hour chart review outlook ::: accumulation in progress ::: expecting GBP to outperform ::: RISK OFF Mode in global stocks ::: will boost GBPAUD mid-term ::: expecting a strong bull run soon ::: after we complete throwback/pullback ::: into mid accumulation range 7740 ::: overhead resistance 8120/40 pullback ::: recommended strategy: BUY LOW 7740 ::: SL 80 pips TP1 +250 pips TP2 +350 pips ::: 8120/40 strong resistance overhead ::: so expecting throwback from that level ::: BULLS should get ready to BUY LOW soon ::: SWING trade setup do not expect ::: fast/miracle overnights gains here ::: good luck traders 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment short-term: BEARS/PULLBACK ::: Sentiment outlook mid-term: STRONG BULLS ::: Global Sentiment: RISK OFF / will boost GBPAUD
RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
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GBPUSD H1: BEST Level to BUY/HOLD TP +150/+300 pips (SWING)
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USDCAD H2: BEST Level to SHORT/HOLD +150/+250 pips(SL/TP)(WAVES)