GBPAUD: Bearish Butterfly Pattern / Watch To Sell Short

British Pound/Australian DollarFXCM

Description

⋅ Aug 22, 2021 7:26 PM

From our previous analysis, the price made a very strong move during the RBA and invalidated the previous pattern. Now we are in the situation that the price completed this butterfly pattern and we can look again for another selling opportunity. Any price move above the peak at 1.9154 would open the doors for more increases in the price.

Targets:
1.9000
1.8908
1.87880

Thank you and Good Luck!

Trade closed: target reached

⋅ Aug 24, 2021 6:27 AM

GBPAUD: Target Reached +105 pips

Trade closed: target reached

⋅ Aug 24, 2021 1:37 PM

TP2 +186 pips move

Trade closed: target reached

⋅ Aug 24, 2021 2:21 PM

+197 pips

Comment

⋅ Aug 30, 2021 6:47 PM

Comments

RyodaBrainless

⋅ Aug 22, 2021 8:32 PM

You made every chart seems easy to trades. Thanks for sharing

KlejdiCuni

⋅ Aug 22, 2021 8:46 PM

@RyodaBrainless, I appreciate your comment. Thanks a lot.

rTrader_official

⋅ Aug 30, 2021 6:58 PM

I appreciate your analysis thanks for your time to give us some chances, would you please check USD/CAD too? I think USD/CAD is the right time for buy position

Sadovoy_Trade

⋅ Aug 25, 2021 5:01 AM

Awesome work

FOREXN1

⋅ Aug 24, 2021 6:22 PM

Great Analysis ! ! !

Serana2324

⋅ Aug 24, 2021 1:30 AM

nice chart! Thanks for sharing

CobraVanguard

⋅ Aug 23, 2021 7:29 PM

Interesting perspective.

Stargazer_fx

⋅ Aug 23, 2021 4:55 PM

excellent analysis mate

rTrader_official

⋅ Aug 23, 2021 4:31 PM

thank you for you strong analysis, if you can analysis WTI I will appreciate it

KlejdiCuni

⋅ Aug 23, 2021 4:40 PM

@rTrader_official, You're welcome. I will let you know. Thanks