GBP/AUD : Ichimoku Clouds

Let's look at the four-hour chart. Tenkan-sen line is above Kijun-sen, horizontal line. The Confirmative Line of Chikou Span has crossed the price chart from below, the cloud is currently descending. This instrument has entered the cloud. The cloud border serves as the closest support level (1.8884) and the closest resistance level (1.8961)

On the daily chart Tenkan-sen line is below Kijun-sen, horizontal line. Confirmative line Chikou Span is approaching the price chart from below, the cloud is currently descending. This instrument has entered the cloud. The cloud border serves as the closest support level (1.9036) and the closest resistance level (1.8801)

On the four-hour chart the instrument is trading inside the cloud. On the daily chart the instrument is trading in the cloud. It is not recommended to open a position at the current price. Pending orders must be placed at the border of the cloud: sell at the level of 1.8884, with Take Profit at 1.8848 and Stop Loss at 1.8961; buy at the level of 1.8961, with Take Profit at 1.9060 and Stop Loss at 1.8884.

Skenario

SELL STOP
1.8884

TAKE PROFIT
1.8848

STOP LOSS
1.8961

KEY LEVEL
1.8848, 1.8884, 1.8961, 1.9060

Skenario alternatif
BUY STOP
1.8961

TAKE PROFIT
1.9060

STOP LOSS
1.8884

KEY LEVEL
1.8848, 1.8884, 1.8961, 1.9060