British Pound / Australian DollarEducation
GBPAUD Trade Plan (11 ~ 15 Nov 2019)
Ichimoku Trends:
Weekly Trend: Bullish - Strong
Daily Trend : Bullish - At Support Level
H4 : Bear - At Resistance Level
H1 : Bullish - At Support Level
Remarks:
To trade according to W1 and D1 trend.
Trade Plan:
1- Wait for resistance at 1.8700 breakout and retest resistance become support.
2- Enter long at H1 support near 1.8600 and SL 10 to 20 pips below it.
Setup invalid if : Price break and close below H1 kumo.
Target : Next resistance level 1.8800 or Wave 5 with multiple entry using lower time frame.
Weekly Trend: Bullish - Strong
Daily Trend : Bullish - At Support Level
H4 : Bear - At Resistance Level
H1 : Bullish - At Support Level
Remarks:
To trade according to W1 and D1 trend.
Trade Plan:
1- Wait for resistance at 1.8700 breakout and retest resistance become support.
2- Enter long at H1 support near 1.8600 and SL 10 to 20 pips below it.
Setup invalid if : Price break and close below H1 kumo.
Target : Next resistance level 1.8800 or Wave 5 with multiple entry using lower time frame.
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