GBPAUD - False Breakouts of IB - Educational
Recently I went long on this pair with the formation of H&S and bullish Libra pattern on the daily chart. Stopped out with minimal impact to my account using proper money management.
Weekly chart has shown a Macro picture with 2 recent false breakouts of IB.
Standing aside for the moment until I get a bullish signal from this strong downtrend movement.
Weekly chart has shown a Macro picture with 2 recent false breakouts of IB.
Standing aside for the moment until I get a bullish signal from this strong downtrend movement.
Note
Daily chart
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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.