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ProSignalsFx
Aug 13, 2020 5:58 PM
GBP-AUD STRUCTURE ANALYSIS|TRADING PLAN
Long
FX:GBPAUD
480
British Pound/Australian Dollar
FXCM
Description
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Aug 13, 2020 5:58 PM
The pair had broken out of the long term downward resistance line and is now consolidating below the resistance in the bullish triangle/flag.
Even though the pattern is bullish, it can break out either way, thus:
TRADING PLAN:
1-wait for the breakout, either way
2-make sure it is confirmed
3-Enter the position on the pullback, according to the direction of the breakout.
4-The ultimate targets are the support and the resistance.
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Comment
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Aug 17, 2020 9:45 AM
The support still stands!
Trend Analysis
Chart Patterns
Technical Indicators
GBPAUD
gbpaudlong
GBP
pound
poundsterling
aud
aussie
aussiedollar
Comments
ProSignalsFx
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Aug 13, 2020 5:58 PM
What do you think guys?
alaa223
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Aug 13, 2020 6:14 PM
I think it will go up
ProSignalsFx
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Aug 15, 2020 11:11 PM
@alaa223
, thanks for the comment!
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