Get started
WBGwen

GBPAUD Break major trendline. Trend reversal may occur

Short
British Pound / Australian Dollar (FX:GBPAUD)  
WBGwen Updated   
FX:GBPAUD   British Pound / Australian Dollar
Trend Analysis Chart Patterns Wave Analysis
13
2
trendanalysis chartpattern waveanalysis
Price break the major support and pullback to structure.
The downtrend may continue and test 1.7600.

Find pullback and short. Target around 1.7600
You can use 1:1, 2:1 or more RR Ratio.

Trade your plan.

RR Ratio 4:1

Note: Never trade with the money you can't afford to lose)

Good luck.

Please like, comment, and follow to support the author if you find this analysis helpful.
Comment:
Comment:
Moving average pointing lower. Should able to test the support above the trend line.
Comment:
snapshot
This uptrend just a correction in the weekly time frame, but first big drop is due to brexit. Please trade with care, price may not break the trend line and support.
Comment:
snapshot
Weekly
Comment:
This uptrend just a correction in the weekly time frame, but first big drop is due to brexit. Please trade with care, price may not break the trend line and support.
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.