Monthly: The Monthly Chart overall show me a bullish Trend . So now we dive deeper into smaller timeframes for a better view.
Weekly: The Chart is on a weekly Support Level and react with a long legged Doji. Opportunity that the support zone and long legged Doji will push the price higher.
Daily: The price consolidate 5 Days due to the support zone and its possible that this is a confirmation for a bullish break from the Counter Trendline.
H4: Clean break from the H4 Candle above the Counter Trendline. MA Crossover. Now we have enough confirmation.
i used to trade this pair. such rewarding when you time it right.. just be quick with stops..
this one is under rated. GA likes the j curve
Bullandbeartrading
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@senyor, GBP/AUD is a very interesting currency pair. Very fast movements, with lots of pips. And when he goes in one direction but then with huge movements.
Lukikum
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Nice work man. You earned yourself a new Follower !
Bullandbeartrading
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@Lukikum, Thank you. I hope this trade will go to the Target.
this one is under rated. GA likes the j curve