rakesh37

GBPAUD consolidation phase and ready to fly

Long
rakesh37 Updated   
FX:GBPAUD   British Pound / Australian Dollar
On 4H graph, GBPAUD takes the support of key level and also taking long trendline support.

But still, there is three resistance are there before start fly.

1.) TOP ATR LEVEL
2.) YESTERDAY'S HIGH
3.) TOP TRENDLINE

If the price close above yesterday's high within today. All 3 resistance gone satisfied and GBPAUD starts new up the journey.

Wait for break level and entry after confirmation.

Note: I am not a registered adviser, we are sharing ideas only for education purposes. Please trade after conformation of your financial advisor

Share your opinion in the comments and support the idea with likes.
Thank you for your support!

Trade closed: target reached

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.