Shane94

GBP/AUD, Potential BUY, 15M

Long
OANDA:GBPAUD   British Pound / Australian Dollar
Nice Inverted Head and Shoulders forming on 15m timeframe.

Comments

The big institutions who cause the big moves are trading on the one hour chart, not the fifteen minute.
Reply
Shane94 StewySongs
@StewySongs Thank you for comment! Do you feel I may find better support and resistance levels using a slightly higher timeframe?
Reply
Shane94 StewySongs
@StewySongs I was also under the impression top down analysis is a good idea? I believe this is how some institutional traders will trade. And from my experience a lot of traders recommend using the 15m for good entry? What are your thoughts?
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out