Hey traders,
As we earlier discussed, GBPAUD is following a major rising trend line and trades in a bullish trend.
Yesterday bears tested that and we saw a positive bullish reaction.
To catch the next bullish wave, follow a small falling wedge on 4H.
Its bullish breakout will be a nice confirmation to catch a swing move.
The first goal will be 1.81
Remember, in case of a bearish breakout of a major rising trend line, setup will be invalid.
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.