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inambari
Apr 11, 2024 6:17 AM

GBPAUD LONG Long

British Pound/Australian DollarFXCM

Description

GBPAUD has recently bounced from the weekly support and had printed the first HH , so its time to place buy stop over the HH.
Comments
FXCM
The buy zone looks solid, as the price has respected it multiple times in the past before the breakout occurred. I suspect the price is above the 50% Fibonacci retracement, which is a good sign of bullish momentum coming into the market. Let's see how this plays out.
inambari
@FXCM good to have your precious insights on my chrart...
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