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GBPAUD bullish scenario:The British Pound has held onto recent gains as the rapid spread of the Omicron variant continues to hinder the pace at which the global economy can recover from the Coronavirus pandemic. After the BoE (Bank of England) made a decision to raise rates in December, the Sterling ended the year in positive territory and remains resilient against its major counterparts. In this pair, technical analysis shows a technical figure Triangle. The Triangle broke through the resistance line on 07/01/2022. GBP/AUD is forming a bullish formation on a daily chart. If the price holds above this level, we will have a possible bullish price movement with a forecast for the next 39 days with a target of 1.9211. According to the experts, your stop loss should be around 1.8417 if you enter this position. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Long
by legacyFXofficial
BNBUSDT: Shy to break 750 Phycological resistanceHello Traders! If you look closely BNB is repeating the exact same pattern. First, it made New highs than a correction facing the downside and after breaking that correction it formed 2 tops and then remained in correction for a very long time. It has repeated the same pattern and now it is in the second phase where it will form 2 tops and will go for a correction for a very long time and this correction will break the bottom trendline before Making any new Highs. Hit the like button to support the idea and follow to stay connected.
Short
by Aadil1000x
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