Gbp-aud
So long it ranges for GbpAudAs long as this pattern continues between 1.76-1.79, no clear direction it is to just trade the range on h4 and lower TF.
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GBPAUD on a double top 🦐GBPAUD on the 4h chart couldnt create above the daily structure at 1.79.
The price created a double top and now testing a 4h support.
If the price will break the structure we will set with students a nice short order according to Plancton's strategy.
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Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
What is the next move for British Pound / Australian Dollar?GBPAUD was bullish last week. I assume it will be bullish during the next week too.
FX:GBPAUD
The uptrend perhaps continues to the resistance 1.84500 (first target)
and if it can pass it, it may reach the line 1.92750 (second target)
Merry Christmas everyone.
GBP AUD SHORTGBP AUD is within an ascending triangle support and resistance
After rejecting the resistance zone on 4 hour we can see a wick from the hourly as well within the local resistance zone
We also see a heade and shoulders like pattern
Likely the price may fall back down the the lower end of the support trendline of the ascending triangle formation
GBP-AUD Will Go Down! Follow The Trend!
Hello, Traders!
GBP-AUD is falling in a downtrend
And we saw a correction Up from support
After the pair was oversold
Now, however, GBP-AUD is back to the support
That it broke while falling
And which turned into a resistance line
I bet on Trend Following in this case
And expect the pair to go Down
From this resistance
Sell!
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