GBPAUD SWING TRADE 11-OCTOBER-2020

Good day traders/investors. Give us a thumbs up if you like our idea. Follow my profile to get new ideas and trade setups everyday

GBPAUD-Technical/Fundamental analysis

⚡️The price is about to reach the .50 Fibonacci retracement level of recent high and low
⚡️It has trading within a falling channel
⚡️1.81300 level will act as major resistance for the bull
⚡️Swing target would be around 1.79270
⚡️Price trading around middle of the Bollinger bands
⚡️200 Exponential moving average is acting as decent support for the BULL
⚡️Ichimoku cloud is still shows bullish trend and the Price within the cloud
⚡️RSI is around the neutral level
⚡️Upper side trend line will act as a resistance for the bear and this is our expected entry point
⚡️MACD oscillators are about to cross and the histogram is turned pale red
⚡️In daily timeframe both 50,100 EMA is acting as nice support for the bearish trend
⚡️As the Brexit deadline is approaching the chances for the no deal Brexit is arising and it
will negatively impact the GBP pairs

SWING TRADE-GBPAUD

SELL @ 1.80650
Take profit @ 1.79360
Stop lose @ 1.81340


95 Pips target

Don't risk more than 1% of your capital
Chart PatternsGBPAUDgbpaudanalysisgbpaudbreakoutgbpaudpatterngbpaudsetupgbpaudshortgbpaudsignalgbpaudtradeTechnical IndicatorsTrend Analysis

Мои профили:

Похожие публикации

Отказ от ответственности