GBPAUD-bullish bat Long

FX:GBPAUD240

British Pound/Australian DollarFXCM

Description

⋅ Mar 12, 2015 3:01 PM

After a sharp decline we can expect a retracement at this area.
Notes on the chart.
Best regards.

Comments

TradeYodha

⋅ Mar 12, 2015 9:58 PM

This is great. I have similar trade analysed in a different way. 2 Ways coming together is beautiful.tradingview.com/v/JhLnC8Qg/

TradeYodha

⋅ Mar 12, 2015 9:59 PM

Sorry, The trade above is daily. I meant to port this one: tradingview.com/v/5K7oik6o/

HexVex

⋅ Mar 12, 2015 4:55 PM

Agree. Looking for support at the 50DMA. Can't think of a catalyst to make this crash through it's present range now that Carneys has spoken. I remember there was a 'extraordinary' reason for that spike down. Just can't remember what but the impression I got was it was a one off. tradingview.com/e/vbEY5do5/

HexVex

⋅ Mar 12, 2015 4:21 PM

Beautiful! (Fingers crossed... )
And then back down again trading in the declining 4hr range inside the rising daily channel :)

FullTimeTrader

⋅ Mar 12, 2015 4:29 PM

Yes, i expect a further decline on D1

GcNaif

⋅ Mar 12, 2015 4:31 PM

1.92 area of interest for long

GcNaif

⋅ Mar 12, 2015 4:31 PM

FullTimeTrader

⋅ Mar 12, 2015 4:33 PM

Yes! we have the trendline and 0.61 fib retracement