VasilyTrader

GBPAUD: Your Trading Plan 🇬🇧🇦🇺

Panjang
OANDA:GBPAUD   Paun British / Dolar Australia

GBPAUD is trading on a key daily structure support.

To catch a bullish continuation from that, watch an inverted head and shoulders pattern on 1H time frame.
1.744 - 1.7465 is its neckline.
To buy with a confirmation, wait for its bullish breakout (hourly candle close above that),
then buy aggressively or on a retest.

Targets will be 1.755 / 1.7626

If the price sets a new low, the setup will become invalid.

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Penafian

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