Waiting For The Breakout
Loving this setup also for the week. GBPAUD is consolidating underneath a weekly level and I'm waiting for the breakout to take this trade.
On the higher timeframes, it looks like that it's going to come back down to the 1.75485 daily area before ticking back up. But if it doesn't we're in for a solid bull run that can last a couple of weeks minimum. Let's wait and see.
BEAR TPs:
• 1.78354
• 1.76923
• 1.75485
BULL TPs:
• 1.79976
• 1.81397
• 1.82358
On the higher timeframes, it looks like that it's going to come back down to the 1.75485 daily area before ticking back up. But if it doesn't we're in for a solid bull run that can last a couple of weeks minimum. Let's wait and see.
BEAR TPs:
• 1.78354
• 1.76923
• 1.75485
BULL TPs:
• 1.79976
• 1.81397
• 1.82358
Trade active:
This is still an active trade since it has been in an order block that has now lasted for weeks. So GBPAUD is still a pair to wait on for the swing trade.