Potential long GBPAUD
This pair is in an uptrend - clear higher lows and higher highs can be seen on the daily. Price did break the previous lower high but I expect it to bounce back.
Price has hit daily trendline and we have seen a bullish response, although it has pasted the 61.8% retracement of the last leg, I expect it to close above it.
I can see a potential head and shoulders forming on the lower time-frame which suggests a reversal. A break, retest and continuation of this pattern will be the trigger for a long trade.
Price has hit daily trendline and we have seen a bullish response, although it has pasted the 61.8% retracement of the last leg, I expect it to close above it.
I can see a potential head and shoulders forming on the lower time-frame which suggests a reversal. A break, retest and continuation of this pattern will be the trigger for a long trade.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.