GBPAUD Outlook (4~8 Feb 2019)
Ichimoku MTF Analysis
Pair: GBPAUD
Weekly : Bullish
Daily: Side-way
H4: Bearish
Outlook: In weekly TF, pair still moving in above trend line (black). Pair may want to test up trend line. In H4 TF, pair is below Kumo and pair moving in down trend channel (green). Its may want to make a little correction before continue bearish (H4)
Trading Plan: Wait for correction in H4 before enter short trade. Enter long when pair rebound from up trend line (refer daily chart).
Pair: GBPAUD
Weekly : Bullish
Daily: Side-way
H4: Bearish
Outlook: In weekly TF, pair still moving in above trend line (black). Pair may want to test up trend line. In H4 TF, pair is below Kumo and pair moving in down trend channel (green). Its may want to make a little correction before continue bearish (H4)
Trading Plan: Wait for correction in H4 before enter short trade. Enter long when pair rebound from up trend line (refer daily chart).
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Daily chart:
