GBPAUD - Lining up for Short Swings
GBPAUD is, for the 5th time, approaching the top of a parallel channel on the Daily Time Frame.
Price has never broken and closed out above it in over a year and a half. Historically speaking, should we get a rejection and a failed retest, GBPAUD could yield serious profits on a swing trade opportunity. Immense R:R with great returns, and little risk.
Price has never broken and closed out above it in over a year and a half. Historically speaking, should we get a rejection and a failed retest, GBPAUD could yield serious profits on a swing trade opportunity. Immense R:R with great returns, and little risk.
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.