GBPAUD - Look for Continuation Long (SWING) 1:4!
Updated
The price is showing a strong bullish trend with a clear HH and HL structure, currently retesting the HTF trendline before potentially continuing to the next Supply Zone. With a RBR pattern serving as confirmation, the next Demand Zone holds high potential for the price to take the order block and continue moving upwards.
Let's see if the price can reach the target profit levels!
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
Let's see if the price can reach the target profit levels!
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
Trade active
The price is consolidating, potentially setting up for a breakout, which could confirm the bullish market structure. Let’s observe how the market reacts and plays out.
Trade active
104 pips gained from the lowest daily price so far. Let's watch closely to see if it breaks the supply zone and continues flying towards the next target!
_S.Fx_
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.