GBPAUD: Potential Swing Trade Explained 🇬🇧🇦🇺

snapshot

GBPAUD is trading in a bullish trend.
Higher lows are perfectly respecting a major rising trend line.

Yesterday, the price tested that again.
To buy with a confirmation wait for a bullish breakout of a neckline of a double bottom formation on 1H time frame.

Goals will be 1.905 / 1.9155

In case of a bearish breakout of a trend line the setup will be invalid.

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australiandollarCandlestick AnalysisDouble Top or BottomGBPAUDMultiple Time Frame Analysispoundswingswingtradeswingtraderswingtrading

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