GBPAUD - Potential Double Bottom
Updated
As we can see GBPAUD seems to be in a sideways channel. The pair broke out of the trend line on the H4 chart and also created a double bottom indicating price may want to go higher. This idea can see resistance around the 1.78000 area.
If you would like to see updates on this idea and many more please follow and hit the like button for more!
If you would like to see updates on this idea and many more please follow and hit the like button for more!
Comment
We are currently +400 pips in this trade if you took it!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.