On the 4 hour and Daily, there is a strong potential of a shark pattern completing for GBPAUD .
As of right now, any pullback is for the short. Fundamentally speaking, the bearish sentiment falling on GBP and AUD strength aligns itself with the technical analysis on this pair.
If and once price reaches the target zone for entry, look for reversal candlestick patterns as well as consolidation before getting into the trade. These are two key confirmations needed for the harmonic pattern to play out.
Make sure to take majority of profits at TP1, wait for the retracement, and then ladder in positions for the buy till TP2.
Let's see how this plays out.
As of right now, any pullback is for the short. Fundamentally speaking, the bearish sentiment falling on GBP and AUD strength aligns itself with the technical analysis on this pair.
If and once price reaches the target zone for entry, look for reversal candlestick patterns as well as consolidation before getting into the trade. These are two key confirmations needed for the harmonic pattern to play out.
Make sure to take majority of profits at TP1, wait for the retracement, and then ladder in positions for the buy till TP2.
Let's see how this plays out.
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免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。