GBPAUD Looking bullish after bounce off weekly Trendline - Long
GBPAUD Is looking bullish after doing a double bottom and bouncing off the weekly trendline, on the 4H chart you can easily notice the price going on an uptrend with the last candlestick being an inverted hammer ( i honestly forgot the other name.)
AND MOST IMPORTANTLY, on weekly it retraced to the 61.8% of the fib... I know, mouthwatering long on this trade!!
If the GBPAUD gives a flying f*** about this analysis and breaks the weekly trend, then I also draw the other scenario for a short.
Trade at your own risk
Don’t be Impatient, don’t over trade, choose one of my ideas and just trade that one. Don’t trade all my ideas, ever. Always wait for the setup to complete. Don’t enter too early or too late because you suffer from FOMO (Fear of missing out). Forget making $1,000 a day if you are not making 10$ a day consistently. Less is More.
For more Details and updates on this trade, follow me on my telegram channel
t.me/SwingForexSetups
AND MOST IMPORTANTLY, on weekly it retraced to the 61.8% of the fib... I know, mouthwatering long on this trade!!
If the GBPAUD gives a flying f*** about this analysis and breaks the weekly trend, then I also draw the other scenario for a short.
Trade at your own risk
Don’t be Impatient, don’t over trade, choose one of my ideas and just trade that one. Don’t trade all my ideas, ever. Always wait for the setup to complete. Don’t enter too early or too late because you suffer from FOMO (Fear of missing out). Forget making $1,000 a day if you are not making 10$ a day consistently. Less is More.
For more Details and updates on this trade, follow me on my telegram channel
t.me/SwingForexSetups
Note
Sorry, real tp would be @ -27% Note
Please wait for a real break and retest, dont go in immediatelyNote
Weekly view
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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.