GBP AUD SeLL OPPORTUNITY REASONS:
1.MARKET BREAK THE TREND with LL AND RETEST THE PREVIOUS LH
2. PRICE REACH AT institutional SELLING PRICE AREA
3. WE HaVE TWO OPPORTUNITY FOR SELL HERE.. 1ST & 2ND
4. GooD RISK REWARD WITH 90% CONFORMATION FOR DOWN OPPORTUNITY
IF ANy KIND QUESTIONS or suggestions please comment below
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Hello guys i had find this setup in 30m timeframe which is taking upper trendline resistance and start moving down and also broken market structure we have a good selling opportunity with good RR ratio also plzz do your own analysis before taking any trading decision if you like my analysis plzz like share and follow thank you
nice in setup, Risk entry on eye.
1. In a channel
2. expanding triangle on the top of the channel
3. entry on a sharp down
4. breakout the trendline
5. completed the 3rd wave
6. RSI divergence.
GBPAUD 4H TF
GBPAUD is currently in a sideways motion , it is constantly getting rejected from 1.85 and reversing from there
It is once again there with a HUGE bearish RSI DIVERGENCE,
A good entry can be taken now with a good target of 1.78 which fib level 0.618 thus strong support, IF that level is broken then we can get a good target of TGT 2
Be safe with SL...
