GBP/AUD Trade Idea
Updated
GBP/AUD Trade Set up
Monthly: The Monthly Chart overall show me a bullish Trend . So now we dive deeper into smaller timeframes for a better view.
Weekly: The Chart is on a weekly Support Level and react with a long legged Doji. Opportunity that the support zone and long legged Doji will push the price higher.
Daily: The price consolidate 5 Days due to the support zone and its possible that this is a confirmation for a bullish break from the Counter Trendline.
H4: Clean break from the H4 Candle above the Counter Trendline. MA Crossover. Now we have enough confirmation.
Monthly: The Monthly Chart overall show me a bullish Trend . So now we dive deeper into smaller timeframes for a better view.
Weekly: The Chart is on a weekly Support Level and react with a long legged Doji. Opportunity that the support zone and long legged Doji will push the price higher.
Daily: The price consolidate 5 Days due to the support zone and its possible that this is a confirmation for a bullish break from the Counter Trendline.
H4: Clean break from the H4 Candle above the Counter Trendline. MA Crossover. Now we have enough confirmation.
Trade closed: target reached
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