GBPAUD - AB=CD Pattern
An AB=CD Pattern has been observed on the 1 hour timeframe.
Strong divergence has emerged on the 1 hour RSI, following which the price action has formed a Double Bottom pattern, which hints a likely reversal if the price breaks through the 1.90355 level.
Trade Plan: Long
Entry: 1.90355
SL: 1.89051
TP1: 1.91660
TP2: 1.92960
Strong divergence has emerged on the 1 hour RSI, following which the price action has formed a Double Bottom pattern, which hints a likely reversal if the price breaks through the 1.90355 level.
Trade Plan: Long
Entry: 1.90355
SL: 1.89051
TP1: 1.91660
TP2: 1.92960
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