Long

GBPAUD TCP broken

Updated

Hi fellows. As i have explained this pair in my weekly outlook. It is breaking to the upside. If you are not in this trade then watch for small pullback on 15 minute time frame and then look for buy. Currently price has broken the flag and forming impulse. Look for continuation. Good Luck fellows

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TCP is forming fellows watch it for breakout.

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So far so good fellows. Now watch for exit on the previous top although we have some room to the upside but strong divergence is coming over there so upside is limited although it is possible but limited. Here is the update https://fellows.https://www.tradingview.com/x/6j1aPTXa/

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Price is close to the top. Watch for the impulse from top if impulse appears then look for exit and look for sell. If we dont see impulse and we will see (TCP) Then we will look for buy from the bottom trend line for short term upside here is the update.

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if bearish impulse do not appear and flag appears again then watch for buy near the lower trend line dont sell for corrective wave only sell if you see the strong impulse if price keep pushing then it can extend the channel ranges

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Price action getting strong at the top fellows. Looks like impulsive.

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Watch for the price action over the trend line if do not break down then one more up move is possible here is the update fellows.

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GBPAUD has a huge potential to the downside. Watch for breakdown of uptrend. If you are looking to sell then watch for breakdown and TCP.

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Watch top again.

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GBPAUD Watch price action under trend line for sell

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