GBPAUD | Approaching an Interesting Price Zone
Updated
Hi,
GBP seams to get some hits but probably those last two ideas can produce at least short-term scalps if nothing more than that.
Criteria:
1. Middle nr. 1.8500
2. Waves
3. Trendline
4. Fibonacci Golden Ratio 62% and Fibo 50%
5. Previously worked strong price level
6. Channel
7. Different EMA's on higher timeframes, they are a bit higher than the marked area but if the price reaches inside the green zone then hopefully, they start to act as delayed supports, whatever that means :)
8. Wait for a bullish candlestick pattern formation on the 1H+ TF
Take a second and support my effort by hitting the "LIKE" button, it is my only fee from You!
Best regards,
Vaido
GBP seams to get some hits but probably those last two ideas can produce at least short-term scalps if nothing more than that.
Criteria:
1. Middle nr. 1.8500
2. Waves
3. Trendline
4. Fibonacci Golden Ratio 62% and Fibo 50%
5. Previously worked strong price level
6. Channel
7. Different EMA's on higher timeframes, they are a bit higher than the marked area but if the price reaches inside the green zone then hopefully, they start to act as delayed supports, whatever that means :)
8. Wait for a bullish candlestick pattern formation on the 1H+ TF
Take a second and support my effort by hitting the "LIKE" button, it is my only fee from You!
Best regards,
Vaido
Trade closed: target reached
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