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ForexThief
Feb 12, 2019 3:01 PM

GBPAUD making beutiful bullish flag and struggling on support Long

British Pound/Australian DollarFXCM

Description

It's clearly time to go for a long on GBPAUD, which offer us great Risk Reward Ratio.
GBPAUD is currently testing previous structure and support, meanwhile its still in uptrend move on lower TFs.
We can see also beutiful bullish flag formed and awaiting break for confluence of this move to 1.83200
SL should be below the recently formed low and below support.

Don't forget to trade carefuly and with proper RM and MM. Good luck everyone

Comment

Wait for clear break of that bullish flag before going long.

Comment

Trade closed: target reached

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