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VladimirRibakov

GBPAUD Buy Idea

Short
British Pound / Australian Dollar (OANDA:GBPAUD)  
VladimirRibakov  
OANDA:GBPAUD   British Pound / Australian Dollar
Trend Analysis Technical Indicators Wave Analysis GBPAUD buy Bullish Patterns Parallel Channel criticalzone
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trendanalysis indicator waveanalysis gbpaud buy bullish parallelchannel criticalzone
W1 - Price reached the bottom of the channel.

D1 - Price is holding above the critical zone formed by the bottom of the weekly channel and the fibo level of the cycle.

H4 - Double bottom, if the price breaks and holds above the high shown in the chart, we may then start looking for buys with more bullish evidences.
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