TradingView
CoinCaller
Jan 8, 2020 10:20 PM

GBPAUD WILL WE COMPLETE THE HEAD AND SHOULDERS? Short

British Pound/Australian DollarFXCM

Description

HERE WE HAVE A NICE SETUP ON GBPAUD, DAILY CANDLE FINISHED BEARISH AND ON THE 4 HOUR CHART MULTIPLE CANDLES HAVE TESTED THE AREA AND HAVE NOT BROKE THE RESISTANCE, I HAVE MARKED TWO PROFIT TARGETS ON THE CHART, SMALLER TARGET IS MUCH MORE PROBABLE AS I BELEIVE WITH THE GBP WILL REMAIN ON ITS BULLISH BIAS AS THE WHOLE IRAN SITUATION HAS SIMMERED DOWN AND BEEN SWEPT UNDER THE RUG (FOR NOW)
Comments
Spudgu365
Nice analysis mate
CoinCaller
@Spudgu365, Thank you, much appreciated.
More