GBP/AUD analysis(08/09/2021)

Verified Person
· View 351

GBP/AUD analysis(08/09/2021)
Hello everyone, if you like the idea, do not forget to support with a like and follow.

GBPAUD is approaching a resistance zone in green so we will be looking for sell setups on lower timeframes.

on M30: GBPAUD is forming a trendline in red but it is not valid yet, so we will be waiting for a third swing to form around it. (projection in purple)

Trigger => Waiting for that swing to form then sell after a momentum candle close below it. (gray area)

Until the sell is activated, GBPAUD would be overall bullish and can still trade higher. 

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.

If you like, reward to support.


Nice share
Verified Person
@eforex274 Thanks💪🏻💪🏻💪🏻