If ever you want a day to sit back, relax, and just look at the charts with no distractions from the live market then Sunday's are your day.
You have time to reflect back at the week and have a clear view of the week ahead.
GBPAUD - we have broken out of a bullish daily trend followed by a strong impulsive move down after the retest. On the lower time frame is have found placement for a fib retracement should we see price make a small rally back up to around the 38.20% fib level. With added confluence of structure to our left we can take this trade with confidence that the market should continue down to target.
Be patient and use correct risk management! Drop a comment with any questions you may have or if you need any help
You have time to reflect back at the week and have a clear view of the week ahead.
GBPAUD - we have broken out of a bullish daily trend followed by a strong impulsive move down after the retest. On the lower time frame is have found placement for a fib retracement should we see price make a small rally back up to around the 38.20% fib level. With added confluence of structure to our left we can take this trade with confidence that the market should continue down to target.
Be patient and use correct risk management! Drop a comment with any questions you may have or if you need any help
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.