GBP/AUD outlook
We have 3rd touch of major trend line and potential Garthley.
For now I'm looking into going down for one more touch of the base and move up for the brake of the trend line. Lets wait and see for the signal from price
For now I'm looking into going down for one more touch of the base and move up for the brake of the trend line. Lets wait and see for the signal from price
Trade closed: target reached
Great move up and great profits, now can be looking to short for the Garthley pattern. Strong price movements was stopped at that level, good indication for nice dip.Note
Looking int get involved here next week. Still not sure, looks like price might push more up for the upper line. Lets wait and see for the signs of price action
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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.