GBPAUD - Full Analysis BreakdownWelcome traders to a free analysis breakdown.
Today I am highlighting possible trades on GBPAUD, if you any questions on the pair let me know in the comment section below.
I will be looking to take a trade on the pair if our trading rules are met over the next few days.
I would suggest keeping this pair in your watchlist to see if your own rules are met. If you take a trade from the analysis in the video leave a comment in the section below.
If you enjoyed the free analysis break down please like and follow the channel, this will support the creation of more free education.
Once the pair has met one of valid rules for entry I will be sharing the trade with the Alpha community.
Feel free to comment below a topic you would like me to cover in the up and coming videos.
Trade Safe
Alpha Trading Group.
Gbpaudsetup
GBPAUD - EDUCATION - 23. JUNE. 2019Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis
for Forex and Crypto-Currency Markets every day!
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1 HOUR
Very bullish price action..
4 HOUR
Price forming several HH and HL indicating a bullish pressure pattern.
DAILY
Sideways waving market found resistance now and is slowing down.
OVERALL
Price action is slowing down and found resistance, expecting a last push to the upside forming new H4 Highs
before heading back down to average price movement and psychological support level.
Will update everyone on monday!
Good luck
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Have a great week everyone!
ALAN
British Pound / Australian Dollar GBPAUDGBPAUD is following the above channel so time your entry right with your longs on a one hour time frame.
Also be prepared for a break in channel at some point, which will break to the downside.
Warning; trading comes with risks, trade safely and within reason. All charts to be used for guideline purposes