British Pound / Australian DollarEducation
GBPAUD Trade Plan (11 ~ 15 Nov 2019)
Ichimoku Trends:
Weekly Trend: Bullish - Strong
Daily Trend : Bullish - At Support Level
H4 : Bear - At Resistance Level
H1 : Bullish - At Support Level
Remarks:
To trade according to W1 and D1 trend.
Trade Plan:
1- Wait for resistance at 1.8700 breakout and retest resistance become support.
2- Enter long at H1 support near 1.8600 and SL 10 to 20 pips below it.
Setup invalid if : Price break and close below H1 kumo.
Target : Next resistance level 1.8800 or Wave 5 with multiple entry using lower time frame.
Weekly Trend: Bullish - Strong
Daily Trend : Bullish - At Support Level
H4 : Bear - At Resistance Level
H1 : Bullish - At Support Level
Remarks:
To trade according to W1 and D1 trend.
Trade Plan:
1- Wait for resistance at 1.8700 breakout and retest resistance become support.
2- Enter long at H1 support near 1.8600 and SL 10 to 20 pips below it.
Setup invalid if : Price break and close below H1 kumo.
Target : Next resistance level 1.8800 or Wave 5 with multiple entry using lower time frame.
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.