Seeing a bearish harami for GBPAUD on D1 chart. Also, it has hit the flat line of the lower Ichimoku Cloud wall.
Coinciding with RBA rate decision on Tues. If there is no rate cut, we ride this for a few hundred pips... 8-)
Choosing to short GBPCHF first thing market opens on Monday 5 Oct:
- seeing a bearish harami on D1 as well as H4 charts
- price is below Ichimoku Cloud
- Tenkan-sen may cross the Kijun-Sen below the cloud level these next two days - meaning huge potential for downwards trend
- 3 long pin bars but couldn't break upwards
- Parabolic SAR, AO indicators point to ...
Seeing a huge bearish Harami on D1 chart... Despite FED not raising rates, the Friday close is significant.
Also seeing similar bearish Harami on W1 chart...
EP1 : 1.1308 EP2 : 1.1338
TP: 1.1138 (170pips)
SL : 1.1468 (160 pips)