GBPAUD - Short analysis
GBPAUD
Weekly: GBPAUD has been within a Strong ascending channel since September 2016. Price is currently testing the high. It has rejected it earlier this week and is approaching ideal entry once again, facing another possible rejection. Furthermore, Monthly chart shows a clear trend line which is precisely where Price is currently sitting. And finally, GBPAUD showing signs of exhaustion as it approaches the 0.786 FIB level on Daily.
I would personally be in favor of shorting a swing trade for several days. Brexit on 31st of January could mess things up, so please trade at your own risk.
Several hundreds of pips possible reward.
Weekly: GBPAUD has been within a Strong ascending channel since September 2016. Price is currently testing the high. It has rejected it earlier this week and is approaching ideal entry once again, facing another possible rejection. Furthermore, Monthly chart shows a clear trend line which is precisely where Price is currently sitting. And finally, GBPAUD showing signs of exhaustion as it approaches the 0.786 FIB level on Daily.
I would personally be in favor of shorting a swing trade for several days. Brexit on 31st of January could mess things up, so please trade at your own risk.
Several hundreds of pips possible reward.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.