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Livre sterling / Dollar australien
Long
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#GBPAUD

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A long position would be initiated if the price could break the falling wedge pattern to the upside.
A short position would be considered if the price fails to break above the bearish channel's lower boundary and creates a lower low.

The trading scenario with the line arrow has a higher possibility of occurring.

Confirmations for the buying scenario:
    Bullish divergence in the 1H time frame. 4H RSX at the oversold (OS) area.
      Price testing an important daily support.
        This bearish breakout of the channel could be considered an overexertion with respect to the price level.

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        Trade fermée: cible de profit atteinte
        Price has reached its bearish target.
        Long setup is still valid and we could look for a buying opportunities when price cross the buy setup line.
        mohemati
        Aussi sur:
        ForexforexsignalOscillatorssignalSupport and ResistanceWedge

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        ForexforexsignalOscillatorssignalSupport and ResistanceWedge
        mohemati
        Aussi sur:

        Publications connexes

        Clause de non-responsabilité

        Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.