Daniel.L
Long

LONG Opportunity Coming up on GBPAUD!

FX:GBPAUD   British Pound / Australian Dollar
FACTORS OF CONFLUENCE

+ With the overall trend.
+ Retracement into the fib value area.
+ Bottom of ascending channel .
+ Previous resistance level becomes support.
+ Look out for reversal candle patterns to the upside in this area.

(if this week closes with a doji it'll be a great sign of deceleration to the downside and a good clue it's even closer to a reversal.)

If this prediction is correct I will post the 4H chart showing my entry method!

Patience, fellow traders! Have an awesome day!
Nice post. Thank you.
I see support @ 1.8930-1.8984 area.
Good Luck
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Same analysis and view as you mate.
+1 Reply
Daniel.L Casey_Yeo
Awesome! Hopefully we can make some nice pips. :)
Reply
Very nice chart and explanation! Also waiting to take the trade also! =D
+1 Reply
Daniel.L Daniel.B
Thank you! I hope it's a big one!
+1 Reply
Perfectly stated.. Am waiting for a long confirmation to take the trade as well, hope we get it
+1 Reply
Daniel.L Technician
Indeed! Thank you very much, sir. c:
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