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HayatoDragonFX

GBPAUD, 4hr tf, double bottom reversal

Long
British Pound / Australian Dollar (FX:GBPAUD)  
HayatoDragonFX Updated   
FX:GBPAUD   British Pound / Australian Dollar
Trend Analysis Chart Patterns GBPAUD gbpaudlong gbpaudtrade gbpaudanalysis gbpaudbuy Double Bottom doublebottomreversal doublebottompattern
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trendanalysis chartpattern gbpaud gbpaudlong gbpaudtrade gbpaudanalysis gbpaudbuy doublebottom doublebottomreversal doublebottompattern
Based on the 4hr chart there is a double bottom forming. Price already broken through the resistance and then hovering around it for some time.
The last 4hr candle close indicates another close above the resistance so i am convinced that price will continue going up

Buy GBPAUD 1.8100
Stop loss 1.8020
Take profit 1 @1.8180
Take profit 2 @1.8260

good luck
Trade active:
Buy position active 1.8100
Comment:
We already reach tp1 during friday session.
I took partial profit at tp1 and set remaining position stop loss to entry for risk free trade
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