DK_Investment

GBP/AUD - dead cat bounce, time to short the market

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DK_Investment 已更新   
FX:GBPAUD   英鎊/澳元
market price reached upper long term trend line which is very strong resistance I expect many sellers entering the market at 1.90250 - 1.90750 . I expect a correction movement as drawn in the chart which can bring real quick profit (30-40 %).

-RSI baseline on daily is heavy overbought, expect sellers coming into the market
-MACD baselines reached the top and looking for bearish crossing which brings sellers into the market

評論:
the green line is of course support and not resistance
評論:
try to open short as described in the area of 1.90250 - 1.90750
交易進行
交易結束:目標達成

The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
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