TradingView
Yemi_Fx1
Feb 22, 2023 9:10 AM

Yemi_Fx1 | Long for GBPAUD Long

British Pound/Australian DollarFXCM

Description

On this Pair previously price has make an impulsive, correction movement. Currently it's in a phase of correction in the form of a tight flag pattern. Anticipating for an upward movement.

I'll be considering
  • A Risk entry type at the bottom of the flag structure at an area of value.

  • Reduced risk entry after the impulsive move followed by a tight flag or break of the flag.


Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
Comments
ibrar550
most likely play out tomorrow once the GBP and AUD news has phased out
Yemi_Fx1
@ibrar550 Alright
Thanks for the information
ibrar550
@Yemi_Fx1 no worries boss, always look at fundamentals not just charts will make you an eve better trader. price only had 2 big wicks due to news....could see a correction but probably not a major one
More