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Beanissthefunnytrader

GPBAUD H4 - 15/05/2022

Long
British Pound / Australian Dollar (OANDA:GBPAUD)  
Beanissthefunnytrader Updated   
OANDA:GBPAUD   British Pound / Australian Dollar
Trend Analysis Support and Resistance Supply and Demand trendanalysys paralelchannel priceaction suppy candelstick Forex forexsignals
2
0
trendanalysis supportandresistance supplyanddemand trendanalysys paralelchannel priceaction suppy candelstick forex forexsignals
Although charts have formed a descending flag, my observation points out that there might be an uptrend breakout. The daily resistance (which obviously has a stronger force) has been tested 4 times already and any price. The entry point would be around 1.762 or lower - where there are many buyers waiting

Remember to set stop loss, it will secure your account a lot better than manually closing order
Happy Sunday
Comment:
The bottom trend line works extremely well. Let's wait to see whether $1.78 can stop this rally
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