🇬🇧/🇦🇺 FX opportunity for the next weeks!
GBP/AUD could be a great choice for the next weeks and here the key points:
1️⃣ Price action: Price reaching a fresh supply zone and creating a divergence with EUR/AUD. The stop hunting is a confirm for me to go short. Now I'm waiting a little retrecement in the daily fresh supply zone to enter short.
2️⃣ Seasonality: The seasonality chart (20 years) indicate us that price could be weak in September.
3️⃣ COT Reports: COTs indicate us that the "BIG Players" (Non-commercial) are short in GBP and AUD both.
This is my analysis and my plan that indicate me that the first target is 2.04200 and the final target is 2.03260.
Tell me your opinion👇🏻
GBP/AUD could be a great choice for the next weeks and here the key points:
1️⃣ Price action: Price reaching a fresh supply zone and creating a divergence with EUR/AUD. The stop hunting is a confirm for me to go short. Now I'm waiting a little retrecement in the daily fresh supply zone to enter short.
2️⃣ Seasonality: The seasonality chart (20 years) indicate us that price could be weak in September.
3️⃣ COT Reports: COTs indicate us that the "BIG Players" (Non-commercial) are short in GBP and AUD both.
This is my analysis and my plan that indicate me that the first target is 2.04200 and the final target is 2.03260.
Tell me your opinion👇🏻
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.