GBPAUD H4 Sell:
- Daily double top
- Rejected H4/D1 resistance zone
- Strong bearish daily candle close
Need confirmation:
- We may see a bounce from daily trendline breakout
- Price does a retest to the resistance (for optimal entry)
Entry:
- Enter between: 1.89800 - 1.89700
- Stoploss: 1.90300-1.90350 (Above previous candle wick)
- Take profit: 1.83600 (Bottom of bullish channel)
- Daily double top
- Rejected H4/D1 resistance zone
- Strong bearish daily candle close
Need confirmation:
- We may see a bounce from daily trendline breakout
- Price does a retest to the resistance (for optimal entry)
Entry:
- Enter between: 1.89800 - 1.89700
- Stoploss: 1.90300-1.90350 (Above previous candle wick)
- Take profit: 1.83600 (Bottom of bullish channel)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.