GBPAUD
Updated
For this scenario I have 2 conditions:
1) ascending diagonal is not broken down
2) Daily close above 1.3990
If the mentioned conditions are met, then in blue or red circles you can calculate with take profit.
With the break of the diagonal, then a new technical analysis has to be considered.
1) ascending diagonal is not broken down
2) Daily close above 1.3990
If the mentioned conditions are met, then in blue or red circles you can calculate with take profit.
With the break of the diagonal, then a new technical analysis has to be considered.
Note
H4Note
sorry - in the second condition an 8 is missing ...correct would be:
2) Daily close above 1.8399
;-)
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