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GBPAUD - NEUTRAL - STRATEGY1 - WK10CH23
British Pound / Australian Dollar
GBPAUD - NEUTRAL - STRATEGY1 - WK10CH23
By TabrezAhmed
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Dec 12, 2022
3
Dec 12, 2022
BIAS: NEUTRAL AS PER BELOW ANALYSIS
Bullish Indications:
1) Three White Soldiers - 1 Hr, Bullish Engulfer & Piercing Pattern - 4 Hr & Bullish Engulfer - Daily
2) Turned To Bullish Recently on Daily Timeframe
3) Support @ 1.80350
4) Bullish Divergence @ 1 Hr
Note: Take a Long entry after resistance of Bullish Flag is broken and respected at retest.
Bearish Indications:
1) Recent Trend Reversal from Bullish To Bearish @ 1 Hr & 4 Hr Timeframe forming LHs & LLs.
2) Resistance 1 @ 1.81350 & Resistance 2 @ 1.82150.
3) Bullish Flag
Note: Take a Short entry after Support @ 1.81320 and respected at retest.
Thank You!
Chart Patterns
Technical Indicators
Trend Analysis
TabrezAhmed
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