GBPAUD - Trade Plan
Daily:
- Bullish engulfing yesterday
- New high, possible higher low, possible trend reversal...
4HR:
- PA consolidating sideways in a slight rising channel
- Price broke trend line and met some local resistance
1HR:
Price met some resistance and is beginning to pullback
Trade Plan:
- Pullback to 1.79784 is 50 fib and nice area of previous resistance - look to buy in this zone.
- Bullish engulfing yesterday
- New high, possible higher low, possible trend reversal...
4HR:
- PA consolidating sideways in a slight rising channel
- Price broke trend line and met some local resistance
1HR:
Price met some resistance and is beginning to pullback
Trade Plan:
- Pullback to 1.79784 is 50 fib and nice area of previous resistance - look to buy in this zone.
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