GBPAUD > A 400 Badass Pips Could Be Coming Soon!!
Analysis of #GBPAUD
Last time I analyzed this pair it was 29-7-2020 you will find the link below this idea, at the time the pair provide us entry and we were able to bank good profits on it I hope you did bank some profit from the idea as well, we still in it and having two positions.
Now I like my positions even better after I saw this head and shoulder pattern, it is potential HS and we still have not yet broken the neckline but I think that a lot of positions already in this trade and more money could be coming soon into this pair and into EURAUD, and this is in anticipation of stock marking falling down as these pairs will really when the stock market is going down relatively speaking.
If this pair breaks the neckline I will look to trade the long side if the rules are met to target 1.8800, this trade could be worth 400pips and for me, I could bank 560pips as I am already in the trade
-Friends👋 if you do appreciate my analysis and you think it is bringing value to you, kindly support me by leaving a comment and like my idea 😉
⠀
Check today analysis below⠀
_____________________________________________________________________________⠀
-DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀
-⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You
Last time I analyzed this pair it was 29-7-2020 you will find the link below this idea, at the time the pair provide us entry and we were able to bank good profits on it I hope you did bank some profit from the idea as well, we still in it and having two positions.
Now I like my positions even better after I saw this head and shoulder pattern, it is potential HS and we still have not yet broken the neckline but I think that a lot of positions already in this trade and more money could be coming soon into this pair and into EURAUD, and this is in anticipation of stock marking falling down as these pairs will really when the stock market is going down relatively speaking.
If this pair breaks the neckline I will look to trade the long side if the rules are met to target 1.8800, this trade could be worth 400pips and for me, I could bank 560pips as I am already in the trade
-Friends👋 if you do appreciate my analysis and you think it is bringing value to you, kindly support me by leaving a comment and like my idea 😉
⠀
Check today analysis below⠀
_____________________________________________________________________________⠀
-DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀
-⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You
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