GBPAUD | Strong Resistance. Can It Produce Reversal?
Hi,
Again, the risky GBP pair but I have to repeat myself, the trade is triggered only then when you have seen bearish candlestick pattern around the marked area!
Criteria:
1. The blue trendline should act as a resistance
2. Blue dotted minor trendline
3. The round number 1.85000
4. Fibonacci Extension
5. Channel projection
6. AB=CD
7. Previously worked resistance level in 2018
8! As said, wait for a bearish candlestick formation, otherways it is highly risky to trade it. The pattern has to form on 4H or on Daily.
Regards,
Vaido
Again, the risky GBP pair but I have to repeat myself, the trade is triggered only then when you have seen bearish candlestick pattern around the marked area!
Criteria:
1. The blue trendline should act as a resistance
2. Blue dotted minor trendline
3. The round number 1.85000
4. Fibonacci Extension
5. Channel projection
6. AB=CD
7. Previously worked resistance level in 2018
8! As said, wait for a bearish candlestick formation, otherways it is highly risky to trade it. The pattern has to form on 4H or on Daily.
Regards,
Vaido
Dagangan ditutup: sasaran tercapai
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👉vaidoveek.substack.com/ - EST
🚀 Actionable market analysis, ideas, and education
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Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
🔍I do the technicals - so You don’t have to.
📊Follow my research on Substack:
👉vaido.substack.com/ - ENG
👉vaidoveek.substack.com/ - EST
🚀 Actionable market analysis, ideas, and education
📊Follow my research on Substack:
👉vaido.substack.com/ - ENG
👉vaidoveek.substack.com/ - EST
🚀 Actionable market analysis, ideas, and education
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.