GBPAUD Bearish Setup Forming At The Moment

2
345
GBPAUD Bearish Setup Forming At The Moment

Hi Traders! GBPAUD bearish setup is forming at the moment. A detailed analysis of this potential sell opportunity is as follows:

GBPAUD Daily Chart:

On the daily chart we have a downtrend line that has formed and the price is respecting this dynamic resistance so far. Currently the price has reached a critical zone. We may now expect short term pullbacks up from the current zone and then possible continuation lower. Once the pullback completes itself look for evidences of bearish pressure and then start looking for sells.

GBPAUD Bearish Setup Forming At The MomentNote: It is always recommended to look for confirmations before you jump into any trade. If you are not sure about how to trade this sell setup then you can use any setup and strategy that you have in your arsenal to look for bearish moves and join this sell trade.

Advertisement

If you want to learn how to do such analysis yourself, if you are looking for a professional team of traders and one of the best online trading communities, If you are looking for enormous archive of Webinars, Trading Tools, Trading Strategies, Books, Indicators, Expert Advisors and much much more, join my traders academy club for only $97 PER YEAR.

Join Traders Academy Club Now 

Also you can get one of my strategies free of charge. You will find all the details here

 

Yours to your success,

Vladimir Ribakov

SHARE

2 COMMENTS

JOIN THE CONVERSATION - I ALWAYS REPLY (VLADIMIR)

Please enter your comment!
Please enter your name here

We respect your privacy and take protecting it very seriously.