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DACapitalTrading
Jun 23, 2019 8:53 AM

GBPAUD - EDUCATION - 23. JUNE. 2019 Education

British Pound/Australian DollarFXCM

Description

Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis
for Forex and Crypto-Currency Markets every day!

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1 HOUR
Very bullish price action..

4 HOUR
Price forming several HH and HL indicating a bullish pressure pattern.

DAILY
Sideways waving market found resistance now and is slowing down.

OVERALL
Price action is slowing down and found resistance, expecting a last push to the upside forming new H4 Highs
before heading back down to average price movement and psychological support level.
Will update everyone on monday!
Good luck

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Have a great week everyone!

ALAN

Comment

Bearish market open..

Comment

moving down..

Comment

Comment

price slowing down at main support level

Comment

Some pressure now..
Comments
AGold54
You do post some seriously Good stuff :)
DACapitalTrading
@AGold54, Thank you!
Bullandbeartrading
I like how you analyse the charts mate.
DACapitalTrading
@Bullandbeartrading, Thank you mate!
PrimeXBT
hi, i have been trying to reach u guys on telegram, may be when u are free you can chat me up on @john8kelvin on telegram my twitter is @john8kelvin2
tartantrader
Another excellent set-up from the DAC boys, I am waiting patiently for this one.
DACapitalTrading
@tartantrader, thank you mate! All the best!
UnknownUnicorn924366
Interesting chart! Thanks!!
DACapitalTrading
@TA_Trading, Thank you what do you think about gbpaud next week?
UnknownUnicorn924366
@DACapitalTrading, You're welcome. Just took a look at it. I see some hidden bullish divergence the the HL and LL. It's in an area of accumulation but I can see it retesting resistance.

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