Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
GBPAUD Buy Idea
British Pound / Australian Dollar
Short
GBPAUD Buy Idea
By VladimirRibakov
Follow
Follow
Oct 24, 2017
5
Oct 24, 2017
D1 - Price moving inside wedge. Price created bullish convergence followed by double wave down.
We can go long with the breakout of the trend line.
Crucial zone formed with the trend line coinciding with the 61.8 Fibo and we may expect the price to reach this zone at least after breakout.
H4 - Price broke above the big downtrend line and moving higher now. We can go long after pullback.
buy
convergence
GBPAUD
Trend Analysis
Trend Line Break
Wedge
VladimirRibakov
Follow
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.