Slope analysis on GBPAUD.
Hi traders,
Jus did this slope analysis on GBPAUD and is working perfectly. So I think we can use the White lines (slopes) as resistances and supports. So in another words, sell at resistance and take profit will be the line below.
Another thing; we are getting close to the 0.50% fib of the whole move and in the same zone is a reaction zone that we can see from the past.
Good luck,
Thiago Duarte
thiago@duarteinvestmentgroup.com
ThiagoTrader
Jus did this slope analysis on GBPAUD and is working perfectly. So I think we can use the White lines (slopes) as resistances and supports. So in another words, sell at resistance and take profit will be the line below.
Another thing; we are getting close to the 0.50% fib of the whole move and in the same zone is a reaction zone that we can see from the past.
Good luck,
Thiago Duarte
thiago@duarteinvestmentgroup.com
ThiagoTrader
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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.