GBPAUD buy trade idea 03 08 2021
BUY GBPAUD 1.8815
SL: 1.8785
TP1: 1.8835
TP2: 1.8855
TP3: 1.8875
Signal Analysis
Currency Pair: GBPAUD
BUY GBPAUD 1.8815
Timeframe: H1
Step 1 - Previous News: GBP: -, AUD: Cash Rate unchanged, tapering maintain, will not increase cash rate until inflation is sustainably within 2-3% target
Step 2 - Trend: Across to Down, Counter Trend
Step 3 - Support/Resistance: Bouncing Off Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast touch, slow turning
- Stochastic: H4 heading up
- PSAR: bearish
Step 5 - Upcoming News: GBP: -, AUD: -
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.