GBPAUD Long trade idea
4H chart:
Bears seam to be weak.
Corrective approach towards entry zone.
= Buy limit set.
1% risk.
Bears seam to be weak.
Corrective approach towards entry zone.
= Buy limit set.
1% risk.
Note
Monthly chart: Inverse head & shoulders pattern potentially in play.
Clear support & resistance zone is there .
We come from big selling zone. Keep in mind.
Note
Weekly chart: Inverse head & shoulders pattern played out.
Now bullish impulse / break of last LH received.
Bullish M pattern can potentially form.
Clear support & resistance zone is there.
Note
Daily chart: Bullish impulse / new HH received.
Bullish M pattern potentially there now, aligning perfectly with the Weekly bullish M pattern.
Clear support & resistance zone is there.
Order cancelled
Cancelled. Went without me.
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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.