GBPAUD long
Weekly;
Daily;
4 hour;
- Price closed above a major support region (1.9100) and retested it last week
- Price is therefore showing bullish momentum to the next region of 1.9290
Daily;
- Price closed above 1.9100 which is major liquidity region
- The next major liquidity region is 1.9290
- Price has already collected orders from 1.9100 and I believe that it is headed to 1.9290
4 hour;
- Price formed a three pin pattern on the 1.9100 region as well as a double bottom
- The closest target is the -27.00 of the fib which is 1.9209
- My best entry would be if price closes above 1.9175 and retests the region
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