GBPAUD long

85
Weekly;
[/b
  • ]Price closed above 1.9105 region which is a massive buy zone.
  • We rested that zone last week and this week as well.
  • This tells me that price is headed upwards

snapshot
Daily;

  • Price retested 1.9100 twice and gained a rush of momentum to the upside.
  • Yesterday we saw that price broke above the previous high of 1.9250 and formed a body closure above 1.9180 which is a daily region.
  • However, orders were not enough to take it to 1.9290.
  • So it has price is looking for a region to collect orders

snapshot
4 hour;

  • For this timeframe, I am looking for regions to buy price.
  • The regions include;

  1. 1.9135 (highest confluence)
  2. 1.9180

snapshot

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.