GBPAUD 4HR BUY
Price tried to make lower lows and failed. Coupled with divergence on RSI and price action this appears to be bullish in the long term and market has hit lows. I'm expecting a bull run for the next few weeks. Long term trade here. Going to go with a tight stop loss if price comes back into chop status.
Entry; 1.80321
Stop Loss; 1.79740
Take Profit; 1.95289 (to be managed)
Entry; 1.80321
Stop Loss; 1.79740
Take Profit; 1.95289 (to be managed)
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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.