TomProTrader

AUDGBP buy set up

Long
TomProTrader Updated   
FX_IDC:AUDGBP   AUSTRALIAN DOLLAR / BRITISH POUND
13
Hi guys,

The AUDGBP is breaking out of the corrective downtrend, I am waiting for the lower move to finish and for it to breakout for the next impulse.

Thank you for your support.
Comment:
Waiting to assure downside is over before buying. There could be a retest of bottom structure before upside begins, patience is key!
Comment:
As I predicted, price will test bottom of main structure before any up move. If price breaks below bottom of structure wait for corrective structure before considering a short.
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.