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09/08/2020 GBPAUD - WEEKLY PLAY TF H4 LONGWelcome, Below you will find our trading notes: Monthly view - BEARISH Weekly view - BULLISH Daily view - BULLISH Previous week LOW - 1.8140 Previous week HIGH - 1.8405 Previous week profile - CONSOLIDATION News this week: 11/08 TUE - 3.30 ; 8.00 12/08 WED - 8.00 13/08 THU - 3.30 14/08 FRI - 1.30 Where to focus: LONG SIDE SETUPS ONLY LIQUIDITY BELOW : 1.8140 SUPPORT STRUCTURE : 1.8025 -> 1.8110 SUPPORT LOWER STRUCTURE : 1.7950 -> 1.8050 LIQUIDITY ABOVE : 1.8400; 1.8450 RESISTANCE STRUCTURE : 1.8505 -> 1.8562 Weekly scenario: We expect pullback to one of our defined support structures, where we'll look for entries long. If first support structure is broken, then we focus on entries on the lower support structure. If second support structure is broken, we will move to side lines. If we'll see push from our long side zones, then first TP is 1.8315 but over all target is 1.8450 -> 1.8500 Protection strategy: SL up to 30 pips below support structure REMEMBER! NEVER BE GREEDY AND DON"T FALL INTO EMOTIONS :) If that was helpful please like and share :) HAVE AN AMAZING DAY! ENJOY
Long
by Snipers-Academy