GBPAUD shows signs of falling since dawn. Analyzing the daily chart, we have the formation of an "M".
We also have several daily candles that do not have the strength to break the resistance.
For entry, I chose the 15-minute chart, put the fib and entered at 50% level (around 1.83642) with SL at 1.84020.
For TP I have 1.8290 or 1.81550.
It I'll depende on your type of trade.
We also have several daily candles that do not have the strength to break the resistance.
For entry, I chose the 15-minute chart, put the fib and entered at 50% level (around 1.83642) with SL at 1.84020.
For TP I have 1.8290 or 1.81550.
It I'll depende on your type of trade.
Trade closed: target reached
+2.5% :DNote
TP: 1.83000Note
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TP2 1.81550 hitDisclaimer
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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.