Hello Traders;
Here's my analysis for GBPAUD.
I see price consolidating on the lower timeframe, structure marked out with the rectangle. Price has been moving in an uptrend direction so I'll be hoping to look for just buy setups on my chart.
I already marked out my entry point to be a break of structure above the consolidating area, If price crosses the 1.81483 area to the top, then i enter a long position and hope to get back to my previous resistance zone marked above.
Here's my analysis for GBPAUD.
I see price consolidating on the lower timeframe, structure marked out with the rectangle. Price has been moving in an uptrend direction so I'll be hoping to look for just buy setups on my chart.
I already marked out my entry point to be a break of structure above the consolidating area, If price crosses the 1.81483 area to the top, then i enter a long position and hope to get back to my previous resistance zone marked above.
