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kidagaka123
Mar 5, 2024 5:57 AM

GBPAUD - Long position after retest Long

British Pound/Australian DollarFXCM

Description

GBPAUD - there was a good correction to 0.5 FIBO which you could see on the chart. Also the zone of eclipse was so close to 200MA and diagonal resistance. The price reach out the supply zone which is strong one and if it breaks the zone, the possible entry should be taken in mind. The best entry is after retesting of the supply zone which may be will become demand one and for the perfection we have to look for cnadlestick pattern.
Comments
kidagaka123
The price really took off. I am hoping to see retest as well. Thank you for your opinion and support.
FXCM
Great entry point! Hoping to see the price retest the supply zone.
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