GBPAUD LONG LONG what??
Analysis on GA; just look at the weekly? What can you derive from it? Higher timeframe analysis is the key.. At least on 4hr or above... meaning draw your trendlines, s/d's, parallel channels, pivots, fibs, then you can move down to the lower tf for entry.. In the case of GA, we are bouncing off the WEEKLY demand.. Who would go short here? Looks like a long setup with a take profit tp) for 60-70 pips.. Not a bad ride.. OR you can ride until 30 pips, close, re-enter with a smaller lot size and grab another 20-30. Probably of it continuing south is small. No guarantees here but high probability. Best of success!
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.