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British Pound / Australian Dollar
Long

GBPAUD: Great Fibonacci Long 🇬🇧 🇦🇺

By VasilyTrader
Updated
snapshot

Hey traders,

Quite risky but sweet buying opportunity on GBPAUD.
Trading in a bullish trend the pair retraced to a strong structure.
The underlined yellow demand zone matches perfectly with 618 retracement of the last bullish impulse.

After a formation of a double bottom formation on hourly time frame, I decided to buy the pair.

Initial target - 1.9173

❤️Please, support this idea with like and comment!❤️
Note
Watch my new video on GOLD:
australiandollarDouble Top or BottomFibonacciGBPAUDpoundsignalsignalprovidersignalssignalservicesignalsproviderSupport and Resistance
VasilyTrader
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