RaynLim

Trade Ideas Educator: GBPAUD Conflicts

Short
FX:GBPAUD   British Pound / Australian Dollar
So how do you handle the market that gives you conflict signals, 1 on buying opportunity another on selling?
Comment down below.

Well as for me, I'll trade as it is as it's on a different timeframe and within an upward market movement, there will be a retracement( bearish ), nothing is cast in stone, especially in trading.

On the daily chart (right), the market has already present a double bottom with an RSI Divergence, great buying opportunity, traders who have missed it can wait for a retracement after the double bottom movement as long as it didn't reach the final arrow that acts as a projected price for exiting the trade.

On the 1-hourly chart(left), I'm waiting for a selling opportunity as the market shows a bearish bat setup, what's even better in this, it is a trend trading setup.
Hi, I'm Rayn Founder of Forex100 Academy, I've been coaching since 2008. Our graduates are market-ready, & they are working in the Financial Industry by choice. What's App me if you are interested to be in the financial industry https://wa.me/6594241853

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