SELL GBPAUD - Fibonacci Confluence
There's Fibonacci Confluence: Wave C is the 88.6 retracement of A, and 61.8 retracement of Wave 1-5.
I'm using a tight stop loss right above Wave C using price action as we can see a doji on M30.
You could use a wider stop loss based on you preference.
I'm using a tight stop loss right above Wave C using price action as we can see a doji on M30.
You could use a wider stop loss based on you preference.
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.
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.