GBPAUD Megaphone at Physchological Area

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Price has been ranging since beginning of April.
Megaphone pattern identified at key psychological level 1.8000

Expect price to do one of two things.

1. Break out in bullish direction and reach Price Target 1.8250

2. Breakout in Bullish Direction and reach Price Target 1.7800

Let me know everyones thoughts. This is my take on GBPAUD. Waiting patiently for entry. Once the best entry point is there I will execute. Remember SCARED MONEY MAKES NO MONEY!
Trade chiuso: obiettivo raggiunto
Chart PatternsForexfxGBPAUDgbpaudlonggbpaudshortpriceactionprofitsTrend Analysis

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