Gbpaudshort
High chance of Short Price has been ranging for a good time in the wide 4H time frame.
Price got rejected from the supply line.
There is a out of trend pattern waiting for a possible retesting (Red line).
There is a rising wedge in the 1 hour time frame with good rejections. (Blue line).
To top it all, a nice bearish engulfing candle coming from top.
Please proceed with proper risk, no more than 0.5% risk in the trade. It may do a short retest and be up back to your stop loss, careful there.
Trendline break and H&SFound a short opportunity. There was a defined trendline and it was broken. I
Plus there was a head and shoulder pattern there. I figure it was enough for a short.
So I waited for the breakout and THEN set a sell limit on the pullback - only it didn't managed to get triggered *sad*
Maybe I should have shorted on the breakout itself. Been trying to pull a pullback trade though.
GBPAUD > The Best Place for A Short, Possible 50 Pips!!I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you.
Analysis on #GBPAUD
Hello friends.
Possible structure trade near a key level looking left, waiting for the market to get inside the zone then I will look for a valid short trade for a possible 250 pips move.
Safe trading everyone
Check today analysis below⠀
>> “Do not anticipate and move without market confirmation.”
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-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you