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British Pound / Australian Dollar
Long
Updated

GBP.AUD - Buy The Breakout

3 967
My basic 4hr chart analysis on the GBP.AUD

A buy stop order is now in place.
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Please note my entry, stop loss and take profit levels are reserved.
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A minor breakout has now occurred
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1hr breakout and a close above EMA.

snapshot
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Monthly & Weekly outlook included.

GBP.AUD - Technical Breakdown
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A strong impulse out of the consolidation, i will be watching price into 1.7100
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Trailing stop loss now in place.
Trade closed: target reached
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snapshot
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Long term i am looking for 1.7700 however we will now need to see some sort for consolidation period, after a strong impulse.
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Price running into 1.7300 resistance, a consolidation period is now expected.
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Trading Strategy Using The 50 EMA
UnknownUnicorn180388
Bullish PatternsbuyGBPAUDgbpaudlongLONGTrend Line Breakukforexsignals

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.
Bullish PatternsbuyGBPAUDgbpaudlongLONGTrend Line Breakukforexsignals
UnknownUnicorn180388

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.