Hello Traders! Let's Have a Look at GBP/AUD Presenting a Great Trading Opportunity
The GBP/AUD pair is showcasing a promising trading opportunity. On its hourly chart, it has formed a symmetric ABC bullish pattern, which is a strong indicator of a potential upward trend. Here are the trade details:
The price is trading above the entry level (EL) at 1.95613.
Stops are set at 1.94869 to limit potential losses.
Profit Targets:
Target 1: 62% at 1.96699
Target 2: 79% at 1.97176
Target 3: 100% at 1.97786
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Note
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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.
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.