GBPAUD: Key Level & Confirmation 🇬🇧🇦🇺
Hey traders,
GBPAUD is approaching a major daily demand area.
1.875 - 1.8785 is our potential reversal zone.
To catch a pullback from that structure,
I need a bullish breakout of a falling wedge pattern on 4H. (at least 4H candle close above its resistance)
Then I will buy with the following targets:
1.888
1.895
Remember, in case of a bearish breakout of the underlined yellow zone the setup will be invalid
and further decline will be expected.
❤️Please, support this idea with a like and comment!❤️
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
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.