GBPAUD Long opportunity
GBPAUD Long
-Great Risk to Reward here
-Strong down trend here
-ABCD Structure posible in play
-FIB levels act as great targets
-Only entering this at the break and close on the 1h timeframe of the blue trend line
-Watching the MAs for the blue to move to the upside
-Key weekly support level of 1.9400 and psychological level is important if this holds, another confluence to long
-This could be a big move to the upside OR a retrace as shown by the arrows drawn
-Multiple targets important so split up your trades
-Eyes specifically in fib level 0.618 because look left price support becomes resistance
-Remember every moment in the market is unique anything can happen
-Great Risk to Reward here
-Strong down trend here
-ABCD Structure posible in play
-FIB levels act as great targets
-Only entering this at the break and close on the 1h timeframe of the blue trend line
-Watching the MAs for the blue to move to the upside
-Key weekly support level of 1.9400 and psychological level is important if this holds, another confluence to long
-This could be a big move to the upside OR a retrace as shown by the arrows drawn
-Multiple targets important so split up your trades
-Eyes specifically in fib level 0.618 because look left price support becomes resistance
-Remember every moment in the market is unique anything can happen
Nota
Only entering at the break and close above the trendline on the hour 1 chart....because if you look if we break the descending triangle we could see even more shorts :) Don't jump the gun people :)Nota
Shorts only for nowNota
Keeps trying to break to there upside
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.