GBPAUD - A Clear cut Flag Pattern
Updated
GBPAUD has formed a clear cut flag pattern. We have divergence in place on Awesome Oscillator and histogram bars are in positive territory. We can expect retracement upto significant resistance cum support zone marked in rectangular shape from where price has shown tendency to bounce off in one direction or the other in past as highlighted in small circles. Scenario seems bullish.
Trade closed: target reached
target reached
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