Signal: Sell
Instrument: GBP/AUD (British Pound / Australian Dollar)
Timeframe: 4-Hour Chart
Entry Price: 2.01168 (current price level)
Stop Loss: 2.02085 (above recent high resistance, ~91.7 pips)
Take Profit: 1.95160 (target zone, ~600+ pips)
Risk-Reward Ratio: 6.64 (high reward relative to risk)
Technical Analysis:
Resistance Rejection:
The price has reached strong resistance near 2.02085 and shows signs of rejection, creating a bearish opportunity.
Volume Profile:
The volume profile indicates high volume at lower levels, suggesting a potential return toward equilibrium around the 1.97968 and 1.95140 zones.
Support Levels:
The target aligns with historical support zones around 1.95140, where price consolidation has occurred before.
Risk/Reward Ratio:
The setup has a favorable risk-reward ratio of 6.64, making it a high-probability trade.
Instrument: GBP/AUD (British Pound / Australian Dollar)
Timeframe: 4-Hour Chart
Entry Price: 2.01168 (current price level)
Stop Loss: 2.02085 (above recent high resistance, ~91.7 pips)
Take Profit: 1.95160 (target zone, ~600+ pips)
Risk-Reward Ratio: 6.64 (high reward relative to risk)
Technical Analysis:
Resistance Rejection:
The price has reached strong resistance near 2.02085 and shows signs of rejection, creating a bearish opportunity.
Volume Profile:
The volume profile indicates high volume at lower levels, suggesting a potential return toward equilibrium around the 1.97968 and 1.95140 zones.
Support Levels:
The target aligns with historical support zones around 1.95140, where price consolidation has occurred before.
Risk/Reward Ratio:
The setup has a favorable risk-reward ratio of 6.64, making it a high-probability trade.
GODO Capital Markets
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.
GODO Capital Markets
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.