GBPAUD | Possible Rejection by Ascending Channel's Resistance
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Initiate Short.
Entry - 1.90964
TP - 1.88973
SL - 1.91562
Reason: The price must satisfy three our conditions before position initiated.
Being Rejected by Ascending channel's resistance or R3.
Lose R2 or horizontal support level.
RSI should be overbought (to confirm)
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
Initiate Short.
Entry - 1.90964
TP - 1.88973
SL - 1.91562
Reason: The price must satisfy three our conditions before position initiated.
Being Rejected by Ascending channel's resistance or R3.
Lose R2 or horizontal support level.
RSI should be overbought (to confirm)
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.