GBPAUD-bias long
Bullish indications:
Double bottom formation.
Major support respected.
Trend line resistance broken.
Made a higher low with morning star candle.
Bullish divergence in 4 hr time frame.
Fib level 0.5 respected in day time frame.
Bearish indications:
Major resistance at 1.87562
Trade plan bias long @ 1.87047
SL:1.85883
TP1:1.88224
TP2:1.89109
Double bottom formation.
Major support respected.
Trend line resistance broken.
Made a higher low with morning star candle.
Bullish divergence in 4 hr time frame.
Fib level 0.5 respected in day time frame.
Bearish indications:
Major resistance at 1.87562
Trade plan bias long @ 1.87047
SL:1.85883
TP1:1.88224
TP2:1.89109
Note
TP1 HITTrade closed: target reached
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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.
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.